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1. |
The MRP of a article is 60% above its manufacturing cost. The article is sold through a retailer, who earns 19% profit on his purchase price. What is the approx. profit percentage for the manufacturer who sells his article to the retailer? The retailer gives 15% discount on MRP. |
A. | 15.2% |
B. | 14.2% |
C. | 13% |
D. | 12.5% |
E. | Can't be determined |
Answer» C. 13% | |