A merchant allows 5% discount on the marked price of an article to his – McqOptions

MCQOPTIONS

1.	A merchant allows 5% discount on the marked price of an article to his customers. What price should he mark on an article the cost price of which is 712.50, so as to make a clearprofit of 331% on his outlay ?3
A.	1000
B.	1200
C.	980
D.	960
Answer» B. 1200

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