Question 19
A shopkeeper purchased a table originally costing $2000$ dollars at a discount of $10\%$ and an additional $15\%$ discount. He spent $70$ dollars on transportation and sold the table for $2080$ Singapore dollars. Find his profit margin.
Original choices: (A) $15\%$; (B) $18\%$; (C) $22\%$; (D) $26\%$; (E) $30\%$.
Assume all stated dollar amounts are in the same currency. The source does not define “profit margin”, and its choices may use a different denominator. Keep all original choices as printed; explain both sales-based margin and cost-based markup for manual assessment.
Original choices: (A) $15\%$; (B) $18\%$; (C) $22\%$; (D) $26\%$; (E) $30\%$.
Assume all stated dollar amounts are in the same currency. The source does not define “profit margin”, and its choices may use a different denominator. Keep all original choices as printed; explain both sales-based margin and cost-based markup for manual assessment.