A trader allows a Discount of 5% for cash payment. How much approx % above cost price must he mark his goods to make a profit of 10%?

A trader allows a Discount of 5% for cash payment. How much approx

1.	A trader allows a Discount of 5% for cash payment. How much approx % above cost price must he mark his goods to make a profit of 10%?
A.	15.8%
B.	18.8%
C.	20.8%
D.	23.8%
Answer» B. 18.8%

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A trader allows a Discount of 5% for cash payment. How much approx % above cost price must he mark his goods to make a profit of 10%?

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