A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1% on the marked price, what is the profit percent?

A retailer buys 40 pens at the marked price of 36 pens from a wholesal

1.	A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1% on the marked price, what is the profit percent?
A.	9%
B.	10%
C.	$$10{1 over9} %$$
D.	11%
Answer» C. $$10{1 over9} %$$

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A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1% on the marked price, what is the profit percent?

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