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# Shopkeeper sells his goods at 20% above the cost price. What will be t

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Intern
Joined: 04 Nov 2015
Posts: 6
Shopkeeper sells his goods at 20% above the cost price. What will be t  [#permalink]

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13 Jul 2017, 09:50
00:00

Difficulty:

55% (hard)

Question Stats:

62% (01:23) correct 38% (01:13) wrong based on 13 sessions

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Shopkeeper sells his goods at 20% above the cost price. What will be the percentage profit he will earn if he discounts the price by 10% and then offer a seasonal discount of 5%?
A) 8%
B) 8.2%
C) 5.4%
D) 2.6%

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Math Expert
Joined: 02 Sep 2009
Posts: 55271
Re: Shopkeeper sells his goods at 20% above the cost price. What will be t  [#permalink]

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14 Jul 2017, 02:55
safeer wrote:
Shopkeeper sells his goods at 20% above the cost price. What will be the percentage profit he will earn if he discounts the price by 10% and then offer a seasonal discount of 5%?
A) 8%
B) 8.2%
C) 5.4%
D) 2.6%

--== Message from the GMAT Club Team ==--

THERE IS LIKELY A BETTER DISCUSSION OF THIS EXACT QUESTION.
This discussion does not meet community quality standards. It has been retired.

If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.

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Re: Shopkeeper sells his goods at 20% above the cost price. What will be t   [#permalink] 14 Jul 2017, 02:55
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