The list price of a cassette player will fetch a profit of 40%. How mu – McqOptions

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1.	The list price of a cassette player will fetch a profit of 40%. How much discount on the list price should be offered to attain a profit of 19%?
A.	15%
B.	12.5%
C.	16%
D.	21%
Answer» B. 12.5%

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