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A merchant purchased a jacket for $60 and then determined a selling price that e
A merchant purchased a jacket for $60 and then determined a selling price that e
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2024-01-13
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问题
A merchant purchased a jacket for $60 and then determined a selling price that equaled the purchase price of the jacket plus a markup that was 25 percent of the selling price.During a sale,the merchant discounted the selling price by 20 percent and sold the jacket.What was the merchant’s gross profit on this sale?
选项
A、$0
B、$3
C、$4
D、$12
E、$15
答案
C
解析
The purchase price, in dollars, of the jacket was 60. If S represents the selling price, in dollars, then S = 60 + 0.25S, from which S = 80. During the sale, the discounted selling price, in dollars, was 0.8(80) = 64, so the merchant’s gross profit, in dollars, was 64 - 60 = 4.
The correct answer is C.
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