Mathematics
Medium
Question
A shopkeeper marks his goods 20% above cost price, but allows 30% discount for cash payment. His net loss is ?
A
8%
B
10%
C
16%
✓ Official correct answer
D
20%
Community credibility
Registered members can vote for the answer they believe is correct today and explain why. If the facts change after an election or news event, suggest a new option so others can vote it up.
A
8%
No member explanations yet for this option.
B
10%
No member explanations yet for this option.
C
16%
No member explanations yet for this option.
D
20%
No member explanations yet for this option.