A merchant marks his goods up by 30% and then offers a discount of 20% on the marked price. What % profit does the merchant make after the discount?	Select:	A) 8%	B) 10%	C) 21%	D) 15%	E) 4%
Let the price be 100.   The price becomes 130 after a 30% markup.   Now a discount of 20% on 130.   Profit=104-100   4%   answer 4%
<result>E</result>
A merchant marks his goods up by 30% and then offers a discount of 20% on the marked price. What % profit does the merchant make after the discount?