A clock store sold a certain clock to a collector for 20 percent more than the store had originally paid for the clock. When the collector tried to resell the clock to the store, the store bought it back at 50 percent of what the collector had paid. The shop then sold the clock again at a profit of 80 percent on its buy-back price. If the difference between the clock's original cost to the shop and the clock's buy-back price was $100, for how much did the shop sell the clock the second time?
$270
$250
$240
$220
$200
guess there is a problem with this MGMAT test problem. it is saying profit of 80% over buy back price. but while soling they are taking 8% to get the answer A
$270
$250
$240
$220
$200
guess there is a problem with this MGMAT test problem. it is saying profit of 80% over buy back price. but while soling they are taking 8% to get the answer A
