A funiture dealer purchases a desk for 150$ and then set the selling price equal to the purchasing price plus a mark up that was 40% of the selling pric. If the dealer sold the desk at the selling price what was the amount of his gross profit?
A) 40$
B) 60$
C) 80$
D) 100$
E) 120$
OA follows
A) 40$
B) 60$
C) 80$
D) 100$
E) 120$
OA follows
