Question

a dealer marks his articles 20% above the cost price.if he allows 10% discount,what will his profit if he sold articles RS 300
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Answer 1

Answer:

A dealer marks his goods 20% above cost price. He then allows some discount on it and makes a profit of 8%. The rate of discount is

A) 4%

B) 6%

C) 10%

D) 12%

Correct Answer:

C) 10%