A trader bought a car at 40% discount on its original price. He sold it at a 80% increase on the price he bought it. What percent of profit did he make on the original price? Select.
A) 8%
B) 62%
C) 2%
D) 9%
E) 22%
Original price = 100   CP = 60   S = 60*(180/100) = 112   100 - 108 = 8%   8%nswer: 8%
<result>A</result>
A trader bought a car at 40% discount on its original price. He sold it at a 80% increase on the price he bought it. What percent of profit did he make on the original price?