In order to maintain the price line, a trader allows a discount of 10% on the marked price of the goods in his shop. However, he still makes a gross profit of 8% on the cost price. Find the profit percent he would have made, had he sold the goods at the marked price.

In order to maintain the price line, a trader allows a discount of 10%

1.	In order to maintain the price line, a trader allows a discount of 10% on the marked price of the goods in his shop. However, he still makes a gross profit of 8% on the cost price. Find the profit percent he would have made, had he sold the goods at the marked price.
A.	10%
B.	20%
C.	30%
D.	15%
Answer» C. 30%

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In order to maintain the price line, a trader allows a discount of 10% on the marked price of the goods in his shop. However, he still makes a gross profit of 8% on the cost price. Find the profit percent he would have made, had he sold the goods at the marked price.

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