0 votes 0 votes A trader buys goods at a 19% discount on the label price. If he wants to make a profit of 20% after allowing a discount of 10%, by what % should his marked price be greater than the original label price? A) +8% B) -3.8% C) +33.33% D) None of these Quantitative Aptitude profit-loss + – __ asked Sep 6, 2016 __ 530 points 1.2k views answer comment Share See all 0 reply Please log in or register to add a comment.
Best answer 0 votes 0 votes CP = 0.81 LP Profit = (SP-CP)/CP = 0.2, so SP = 1.2 CP Discount = 10%, So, MP = SP/0.9 = 1.2/0.9 CP = 4/3 CP = 4/3 * .81 LP = 1.08 LP. So, MP must be greater than LP by 8%. Arjun answered Sep 6, 2016 • selected Sep 7, 2016 by __ Arjun 8.6k points comment Share See all 0 reply Please log in or register to add a comment.