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A retailer purchases shirts from a distributor at the rate of 300 per shirt and puts the label of 450 on each shirt. If the retailer allows some discount and still make a profit of 23%, then what is the discount percentage offered by the shopkeeper?
A retailer purchases shirts from a distributor at the rate of 300 per shirt and puts the label of 450 on each shirt. If the retailer allows some discount and still make a profit of 23%, then what is the discount percentage offered by the shopkeeper?
Updated On: Oct 25, 2024
- 16%
- 17%
- 18%
- 19%
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The Correct Option is C
Solution and Explanation
The correct answer is (C);18%
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