Question

A retailer would have made a profit of 18% if he sold an article at its marked price. If he allowed a discount of 10% on the marked price, what would his actual profit on that article have been?

• A. 4.6%
• B. 7.1%
• C. 6.2%
• D. 5.5%

Answer 1

Answer:

C. 6.2%

6.2%