1.

Q: A merchant fixes the sale price of his goods at 15 % above the cost price. He sells his goods at 12 % less than the fixed price. His percentage of profit is:

A. $$1{1\over5}$$
B. $$2{1\over5}$$
C. $$2{1\over2}$$
D. 2
Answer» B. $$2{1\over5}$$


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