marpinco3817 marpinco3817
  • 06-03-2024
  • Business
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A supplier sells 20 pencils at the marked price of 16 pens to a retailer. The retailer, in turn, sells them at the marked price. What is the percentage profit or percentage loss of the retailer?
a) 20% profit
b) 20% loss
c) No profit, no loss
d) 25% profit

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