A merchant marks his goods by increasing the price by 25%. If he gives 4% discount on marked price, what will be his profit percentage?

A merchant marks his goods by increasing the price by 25%. If he gives

1.	A merchant marks his goods by increasing the price by 25%. If he gives 4% discount on marked price, what will be his profit percentage?
A.	10%
B.	15%
C.	20%
D.	25%
Answer» D. 25%

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A merchant marks his goods by increasing the price by 25%. If he gives 4% discount on marked price, what will be his profit percentage?

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