Timer
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Answers
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Stats
Difficulty—
A book store-bought copies of a new book by a popular author, in anticipation of robust sales. The store-bought 400 copies from their supplier, each copy at wholesale price \(W.\) The store sold the first 150 copies in the first week at 80% more than \(W,\) and then over the next month, sold a 100 more at 20% more than \(W.\) Finally, to clear shelf space, the store sold the remaining copies to a bargain retailer at 40% less than \(W.\) What was the bookstore’s net percent profit or loss on the entire lot of 400 books?
(A) 30% loss
(B) 10% loss
(C) 10% profit
(D) 20% profit
(E) 60% profit
[spoiler]OA=D[/spoiler]
Source: Magoosh
(A) 30% loss
(B) 10% loss
(C) 10% profit
(D) 20% profit
(E) 60% profit
[spoiler]OA=D[/spoiler]
Source: Magoosh
