If a merchant offers a discount of 30% on the list price, then he makes a loss of 16%. What % profit or % loss will he make if he sells at a discount of 20% ofÂ the list price?

If a merchant offers a discount of 30% on the list price, then he make

1.	If a merchant offers a discount of 30% on the list price, then he makes a loss of 16%. What % profit or % loss will he make if he sells at a discount of 20% ofÂ the list price?
A.	14 percent profit
B.	4 percent loss
C.	26 percent profit
D.	8 percent profit
Answer» C. 26 percent profit

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If a merchant offers a discount of 30% on the list price, then he makes a loss of 16%. What % profit or % loss will he make if he sells at a discount of 20% ofÂ the list price?

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