CAT Quant Practice Problems

Question: A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16 articles to a dozen to a particularly sticky bargainer. How much percent above the cost price were his wares listed?
  1. 1
  2. 0.8
  3. 0.75
  4. 0.666666667

Correct Option:1

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CAT Quant Practice Problems
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