A retailer buys 120 pens at the market price of 36 pens from a wholesaler, if he sells these pens giving a discount of 1%, what is the profit % ?
Choose the correct choice from the following options.
A) 210	B) 215	C) 212	D) 230	E) 320
let the market price of each pen be $1   then, Cost Price of 120 pens = $ 36 Selling Price of 120 pens =99% of $120=$ 118.80   profit %=((82.80*100)/36)= 
<gadget id="calculator">((82.80*100)/36)</gadget>
<output>230</output>
230%   Answer 230
<result>D</result>
A retailer buys 120 pens at the market price of 36 pens from a wholesaler, if he sells these pens giving a discount of 1%, what is the profit % ?