The marked price of an article is 40% above its cost price. If its selling price is
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Question:
The marked price of an article is 40% above its cost price. If its selling price is 73½ % of the marked price, then the profit percentage is:
(A) 2.4%
(B) 2.9%
(C) 3.1%
(D) 2.7%
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: