Alex bought an item from a sale offering 15% discount on all items. How much percentage more than the cost price should he sell the same item to earn 19 % profit from the list price?
A. 66.66%
B. 32%
C. 40%
D. 28.57%
Answer:C
Alex bought an item from a sale offering 15% discount on all items. How much percentage more than the cost price should he sell the same item to earn 19 % profit from the list price?
A. 66.66% B. 32% C. 40% D. 28.57%
Explanation: Let the original list price be Rs 100. According to question, cost price will be Rs 85.