A trader gives a discount of 20% on the marked price. To earn profit of 12%, by how much percent should he mark the price of his goods higher than its cost price?

A trader gives a discount of 20% on the marked price. To earn profit o

1.	A trader gives a discount of 20% on the marked price. To earn profit of 12%, by how much percent should he mark the price of his goods higher than its cost price?
A.	20
B.	40
C.	25
D.	35
Answer» C. 25

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A trader gives a discount of 20% on the marked price. To earn profit of 12%, by how much percent should he mark the price of his goods higher than its cost price?

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