A trader decides to sell his goods at a profit of 20%. But due to more demand, he further increases the price by 10%. What is his net profit percent?

A trader decides to sell his goods at a profit of 20%. But due to more

1.	A trader decides to sell his goods at a profit of 20%. But due to more demand, he further increases the price by 10%. What is his net profit percent?
A.	32%
B.	25%
C.	30%
D.	28%
Answer» B. 25%

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A trader decides to sell his goods at a profit of 20%. But due to more demand, he further increases the price by 10%. What is his net profit percent?

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