MCQOPTIONS
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				| 1. | 
                                    Q: If a dealer wants to earn 40% profit on an article after offering 30% discount, by what percent should be increase his marked price to arrive at the label price? | 
                            
| A. | 0.5 | 
| B. | 1 | 
| C. | 2 | 
| D. | 0.6 | 
| Answer» C. 2 | |