A boy bought a clock at a discount of 20% on the Marked Price. He sold the same watch at a profit of 40%. By what percentage is the new Selling Price more than the Marked Price?
1
10%
2
11%
3
12%
4
13%
5
14%
A boy bought a clock at a discount of 20% on the Marked Price. He sold the same watch at a profit of 40%. By what percentage is the new Selling Price more than the Marked Price?