Your Insider Guide to the GRE

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Free GRE Test Questions

Question 1 of 1
ID: GRE-MC-6
Section: Quantitative Reasoning - Multiple Choice with one answer
Topics: Arithmetic; Profit Loss Discount
Difficulty level: Hard

(Practice Mode: Single selected Question » Back to Overview)

A man marks the price of an object at 20% above the manufacturing cost. He finally sells it at a discounted price and observed that the discount offered as a percent of the cost was the same as the profit he made as a percent of the initial marked price. What was his percent profit?

A7.6%
B9.1%
C9.8%
D10.0%
E10.9%

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