1.

Q: A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1% on the marked price, what is the profit percent?

A. 0.09
B. 0.1
C. $$10{1\over9}\%$$
D. 0.11
Answer» C. $$10{1\over9}\%$$


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