A trader marks his goods such that he earns a profit of 50% on its cost. He then sells it by offering a discount of x% on its marked price. If his actual profit is 9.85%, then the value of x is:

A trader marks his goods such that he earns a profit of 50% on its cos

1.	A trader marks his goods such that he earns a profit of 50% on its cost. He then sells it by offering a discount of x% on its marked price. If his actual profit is 9.85%, then the value of x is:
A.	26.76
B.	12
C.	15
D.	12.5
Answer» B. 12

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A trader marks his goods such that he earns a profit of 50% on its cost. He then sells it by offering a discount of x% on its marked price. If his actual profit is 9.85%, then the value of x is:

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