A trader gives a discount of 10% on the marked price. To earn profit of 53%, by how much percent should he mark the price of his goods higher than its costprice?

A trader gives a discount of 10% on the marked price. To earn profit o

1.	A trader gives a discount of 10% on the marked price. To earn profit of 53%, by how much percent should he mark the price of his goods higher than its costprice?
A.	80
B.	50
C.	60
D.	70
Answer» E.

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A trader gives a discount of 10% on the marked price. To earn profit of 53%, by how much percent should he mark the price of his goods higher than its costprice?

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