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%
C. 6%
D. 4%
Answer:B
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% C. 6% D. 4%