A trader marked the price of a commodity in order to obtain the profit – McqOptions

MCQOPTIONS

1.	A trader marked the price of a commodity in order to obtain the profit of 25% on the cost price, but allowed a discount of 16% on the marked price. His actual profit will be:
A.	16%
B.	25%
C.	5%
D.	9%
Answer» D. 9%

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