Allows 10% discount, still gains 8% profit. Markup % on CP: MCQ with Answer and Explanation

Allows 10% discount, still gains 8% profit. Markup % on CP:
A. 22%
B. 16%
C. 18%
D. 20%
Answer: Option D
Solution (By JKSSB Mock Tests)
CP=100, SP=108, MP=108/0.9=120, markup 20%.

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C. 60%
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Correct Answer: Option B


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Question #2
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