Join Examsbook
A trader allows a trade of 20% and a cash discount of $$6{1\over 4}\%$$% on the marked price of the goods and gets a net gain of 20% of the cost. By how much above the cost should the goods be marked for the sale?
5Q:
A trader allows a trade of 20% and a cash discount of $$6{1\over 4}\%$$% on the marked price of the goods and gets a net gain of 20% of the cost. By how much above the cost should the goods be marked for the sale?
- 160%true
- 270%false
- 340%false
- 450%false
- Show AnswerHide Answer
- Workspace