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Difficulty—
When sold at a 40% discount, a sweater nets the merchant a 20% profit on the wholesale cost at which he initially purchased the item. By what % is the sweater marked up from wholesale at its normal retail price?
A) 20%
B) 40%
C) 50%
D) 80%
E) 100%
OA E
Source: Veritas Prep
A) 20%
B) 40%
C) 50%
D) 80%
E) 100%
OA E
Source: Veritas Prep
