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The balance of a trader weight 10% less ...

The balance of a trader weight 10% less than it should be still the trader marks up his goods to get the overall profit of 20% . What is the markup on the cost price.

A

`40%`

B

`8%`

C

`25%`

D

`16.66%`

Text Solution

Verified by Experts

The correct Answer is:
B
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