A merchant allows a discount of 10% on marked price for the cash payment. To make a profit of 17%, he must mark his goods higher than their cost price by = ?

A merchant allows a discount of 10% on marked price for the cash payme

1.	A merchant allows a discount of 10% on marked price for the cash payment. To make a profit of 17%, he must mark his goods higher than their cost price by = ?
A.	3%
B.	0%
C.	7%
D.	0%
Answer» E.

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A merchant allows a discount of 10% on marked price for the cash payment. To make a profit of 17%, he must mark his goods higher than their cost price by = ?

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