If a dealer wants to earn 20% profit on an article after offering 30% discount to the customer, by what percentage should he increase his marked price to arrive at the label price?  Choose the correct answer
A) 71 3/7%  B) 50%  C) 75%  D) 60 2/3%  E) 90%
Profit = 20%   discount = 30%   Required answer = (20+30 / 100-30)*100 = 71 3/7 %   71 3/7%nswer is 71 3/7%
<result>A</result>
If a dealer wants to earn 20% profit on an article after offering 30% discount to the customer, by what percentage should he increase his marked price to arrive at the label price?