ABC26GN2833 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2007 · Marks: · Difficulty:

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.

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