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12 April, 16:13

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?

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  1. 12 April, 18:31
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    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%
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