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While selling to the retailer, a company allows 30% discount on the marked price of their products. If the retailer sells those products at marked price, his profit % will be :
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- 30%
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42 1 % 7 - 40%
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42 6 % 7
Correct Option: D
Given , Discount = 30%
If the marked price of the product be $ 100, then Cost Price = ( 100 - 30 ) = $ 70
Selling Price of retailer = $ 100
| ∴ Gain percent = | × 100 = | 70 | 7 |
| Gain percent = 42 | % | 7 |
