A dealer marks his goods 20% above their cost prices. Then,he allows s – McqOptions

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1.	A dealer marks his goods 20% above their cost prices. Then,he allows such a discount on the marked price so that he makes a profit of 8%. The rate of discount is:
A.	0.12
B.	0.1
C.	0.06
D.	0.04
Answer» C. 0.06

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