A trader marks price of his goods 45% above the cost price and gives a discount of 20% on the marked price. What percentage of profit will the trader have?

A trader marks price of his goods 45% above the cost price and gives a

1.	A trader marks price of his goods 45% above the cost price and gives a discount of 20% on the marked price. What percentage of profit will the trader have?
A.	15%
B.	14%
C.	29%
D.	16%
Answer» E.

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A trader marks price of his goods 45% above the cost price and gives a discount of 20% on the marked price. What percentage of profit will the trader have?

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