Question
Quantitative Aptitude Question on Profit and Loss
After allowing a discount of 11.11%, a trader still makes a gain of 14.28%. At how many percent above the cost price does he mark the selling price of his goods?
A
28.56%
B
35%
C
22.22%
D
None of these
Answer
28.56%
Explanation
Solution
The correct option is (A):28.56%