A shopkeeper marks his goods 20% above cost and allows a discount of 10%. His…
2025
A shopkeeper marks his goods 20% above cost and allows a discount of 10%. His profit percentage is:
- A.
6%
- B.
8%
- C.
10%
- D.
12%
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Show answer & explanation
Correct answer: B
If cost price is 100, marked price is 120. After 10% discount, selling price is 108, so profit is 8%.