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If the maximum discount that a merchant who doesn’t want to sell an item at a loss can offer on that item is 20%, what will be theprofit percentage that the merchant makes if he sells the item at its marked price?a)12.5%b)20%c)25%d)33%e)Cannot be determinedCorrect answer is option 'C'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared
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If the maximum discount that a merchant who doesn’t want to sell an item at a loss can offer on that item is 20%, what will be theprofit percentage that the merchant makes if he sells the item at its marked price?a)12.5%b)20%c)25%d)33%e)Cannot be determinedCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for If the maximum discount that a merchant who doesn’t want to sell an item at a loss can offer on that item is 20%, what will be theprofit percentage that the merchant makes if he sells the item at its marked price?a)12.5%b)20%c)25%d)33%e)Cannot be determinedCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of If the maximum discount that a merchant who doesn’t want to sell an item at a loss can offer on that item is 20%, what will be theprofit percentage that the merchant makes if he sells the item at its marked price?a)12.5%b)20%c)25%d)33%e)Cannot be determinedCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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