A dealers wants to earn 20% profit on an item after offering 20% discount. By what per cent should he increase his marked price to arrive at the label price ?

A dealers wants to earn 20% profit on an item after offering 20% di

1.	A dealers wants to earn 20% profit on an item after offering 20% discount. By what per cent should he increase his marked price to arrive at the label price ?
A.	30%
B.	40%
C.	50%
D.	60%
Answer» D. 60%

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A dealers wants to earn 20% profit on an item after offering 20% discount. By what per cent should he increase his marked price to arrive at the label price ?

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