A tradesman marks his goods at 20 % above the cost price. He allows his customers a discount of 8% on marked price. Find out his profit percent.

A tradesman marks his goods at 20 % above the cost price. He allows hi

1.	A tradesman marks his goods at 20 % above the cost price. He allows his customers a discount of 8% on marked price. Find out his profit percent.
A.	12 %
B.	10.4 %
C.	16 %
D.	20 %
Answer» C. 16 %

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A tradesman marks his goods at 20 % above the cost price. He allows his customers a discount of 8% on marked price. Find out his profit percent.

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