A trader marks his goods at 20% above the cost price. If he allows a discount of 5% on the marked price, what profit percent does he make?

A trader marks his goods at 20% above the cost price. If he allows

1.	A trader marks his goods at 20% above the cost price. If he allows a discount of 5% on the marked price, what profit percent does he make?
A.	12 %
B.	13 %
C.	14 %
D.	15 %
Answer» D. 15 %

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A trader marks his goods at 20% above the cost price. If he allows a discount of 5% on the marked price, what profit percent does he make?

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