Mathematics · Profit and Loss
A trader offers a discount of 24% on an article if a customer makes the payment in cash. How much percentage above the cost price should he mark the article to make a profit of 24%? (Answer to be rounded off to 2 decimal places.)
- 164.23%
- 264.51%
- 362.35%
- 463.16%✓
Correct answer
63.16%
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