A retailer allows a trade discount of 20% and a cash discount of 614% – InterviewSolution

1.	A retailer allows a trade discount of 20% and a cash discount of 614% on the market price of the products and gets a net profit of 20% on the cost. By how much above the cost, should the products be labelled for sale?
Answer» A retailer allows a trade discount of $20 %$ and a cash discount of $6 \frac{1}{4} %$ on the market price of the products and gets a net profit of $20 %$ on the cost. By how much above the cost, should the products be labelled for sale?

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