A trader bought a car at 20 % discount on its original price. He sold it at a 40 % increase on the price he bought it. What percent of profit did he make on the original price?
A. 10 %
B. 11 %
C. 12 %
D. 15 %
Answer:C
A trader bought a car at 20 % discount on its original price. He sold it at a 40 % increase on the price he bought it. What percent of profit did he make on the original price?
A. 10 % B. 11 % C. 12 % D. 15 %