Quantitative Aptitude · Percentages
A trader marks his goods 20 percent above cost price and offers a discount of 10 percent. What is his overall profit percentage?
Question
A trader marks his goods 20% above cost price and offers a discount of 10%. What is his overall profit percentage?
Options
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Explanation
Marked Price = 120
After 10% discount = 108
Profit = 108 - 100 = 8 → 8%