Profit-and-Loss

Question 1
A Businessman purchases an item at a certain price and marks its price up by 30%. He sells the item at a certain discount on markup price and makes a net profit of 4% on the whole transaction. Find the discount given by a businessman on markup price.
A
10
B
15
C
26
D
20
Mathematical-ReasoningProfit-and-LossNIC-NIELIT STA 2020Video-Explanation
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