In order that there may be a profit of 20% after allowing a discount of 40% on the marked price, the cost price of an article has to be increased by?

QuestionIn order that there may be a profit of 20% after allowing a discount of 40% on the marked price, the cost price of an article has to be increased by?
Typemultiple_choice
Option66.67%incorrect
Option33.33%incorrect
Option50%incorrect
Option100%correct

Solution

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