A trader gives a discount of 30% on the marked price. To earn proﬁt of 5%, by how much percent should he mark the price of his goods higher than its cost price?

A trader gives a discount of 30% on the marked price. To earn proﬁt

1.	A trader gives a discount of 30% on the marked price. To earn proﬁt of 5%, by how much percent should he mark the price of his goods higher than its cost price?
A.	40
B.	35
C.	50
D.	25
Answer» D. 25

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A trader gives a discount of 30% on the marked price. To earn proﬁt of 5%, by how much percent should he mark the price of his goods higher than its cost price?

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