Mathematics
Medium
Question
A dealer marks his goods 20% above cost price. He then allows some discount on it and makes a profit of 8%. The rate of discount is:
A
12%
B
10%
✓ Official correct answer
C
6%
D
4%
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
12%
No member explanations yet for this option.
B
10%
No member explanations yet for this option.
C
6%
No member explanations yet for this option.
D
4%
No member explanations yet for this option.