A trader’s marked price is 30% above the cost price. He allows his customers 10% discount on the marked price. What profit does he make?

A trader’s marked price is 30% above the cost price. He allows hi

1.	A trader’s marked price is 30% above the cost price. He allows his customers 10% discount on the marked price. What profit does he make?
A.	15 %
B.	17 %
C.	19 %
D.	21 %
Answer» C. 19 %

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A trader’s marked price is 30% above the cost price. He allows his customers 10% discount on the marked price. What profit does he make?

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