MCQOPTIONS
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| 1. |
If a merchant offers a discount of 20% on the list price, then he makes a loss of 10%. What % profit or % loss will she make if he sells at a discount of 5% of the list price? |
| A. | 6.875 percent profit |
| B. | 20 percent profit |
| C. | 14 percent profit |
| D. | 30 percent loss |
| Answer» B. 20 percent profit | |