A trader wishes to gain 20%after allowing 10%discount on the marked price to his customers. At what percent higher than the cost price must he mark his goods ?

A trader wishes to gain 20%after allowing 10%discount on the marked pr

1.	A trader wishes to gain 20%after allowing 10%discount on the marked price to his customers. At what percent higher than the cost price must he mark his goods ?
A.	0%
B.	${\text{ 33}}\frac{1}{3}\% $$
C.	${\text{34}}\frac{2}{3}\% $$
D.	5%
Answer» C. ${\text{34}}\frac{2}{3}\% $$

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A trader wishes to gain 20%after allowing 10%discount on the marked price to his customers. At what percent higher than the cost price must he mark his goods ?

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