1.

A trader marks his goods 30% above the cost price but makes a reduction of \[6\frac{1}{4}%\] on the marked price for ready money. What is his gain percent?

A.  \[23.75%\]             
B.               \[23.25%\]   
C.               \[21.875%\]
D.               \[20%\]     
Answer» D.               \[20%\]     


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