Question

A manufacturer marks his goods in advance at 80 percent more than the cost price, but he
allows 15 articles to the dozen and also 10 percent discount for cash. What rate of profit
on his outlay does he obtain from a customer who pays cash?
1) 18.2%
2) 25%
3) 29.6%
4) Cannot be determined

Answer 1

Answer:

I think the answer is 3 ..

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