A retailer purchased radio sets at the rate of $ 400 each from a wholesaler. He raised the price by 30% and then allowed a discount of 8% on each set. His profit will be

A retailer purchased radio sets at the rate of $ 400 each from a whole

1.	A retailer purchased radio sets at the rate of $ 400 each from a wholesaler. He raised the price by 30% and then allowed a discount of 8% on each set. His profit will be
A.	19%
B.	78.4%
C.	22%
D.	19.6%
Answer» E.

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A retailer purchased radio sets at the rate of $ 400 each from a wholesaler. He raised the price by 30% and then allowed a discount of 8% on each set. His profit will be

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