Ask Question
17 September, 16:07

The store's markup on a wholesale item is 40%. The store is currently having a sale, and the item sells for 25% off the retail price. What is the percent of profit made by the store?

+4
Answers (1)
  1. 17 September, 17:17
    0
    5%

    Step-by-step explanation:

    100% = 100

    140% = 140

    Now if 140 = 100%

    x = 75%

    100x = 10500

    x = 105

    The new profit = 105 - 100 = 5%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The store's markup on a wholesale item is 40%. The store is currently having a sale, and the item sells for 25% off the retail price. What ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers