A trader allows a discount of 5% for
each payment. How much
percentage above the cost price
must be mark on his goods to make
a profit of 14%.
(A) 12 % (B) 15 %
(C) 20 % (D 25 %
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Answer:
Step-by-step explanation:
Description for Correct answer:
Let the C.P. = Rs. 100
S.P. = 117% of 100
= Rs. 117
M.P. = 117×10090
= Rs. 130
M.P. above% = 130−100100×100
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