A retailer allows a trade discount of 20% and a cash discount of 6 1/4% on the market price of the products… · ABC26GN2833

Subject: General Aptitude · Chapter: Profit and Loss · Exam: A.A.O., 2009; M.B.A. 2007

A retailer allows a trade discount of 20\% and a cash discount of $6 \frac{1}{4} \%$ on the market price of the products and gets a net profit of 20\% on the cost. By how much above the cost, should the products be labelled for sale?
(a)40\%
(b)50\%
(c)60\%
(d)70\%
Answer
Answer (as printed): C
Explanation
No explanation was printed for this question.

Study loop for Profit and Loss

1. Practise the PYQsPrevious-year questions, with answers

· Browse this chapter in the app