A dealer offers a cash discount of 20% and still makes a profit of 20%. If he further sells 8 articles at a rate of 6 articles, then how much percentage above the cost price does he mark on each article?
A. 87.5%
B. 100%
C. 77.5%
D. 112.5%
Answer: Option B
Related Questions on True Discount
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A. 12%
B. 13%
C. 15%
D. 14%
A. Rs. 9025.20
B. Rs. 9200
C. Rs. 9600
D. Rs. 9560
A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33
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