hard · GMAT Quant
A store marks up a product by 50% over its cost, then offers a 20% discount on the marked-up price. An employee buys the item at that discounted price and later resells it for a 20% profit on their own purchase price.
The final resale price is what percent of the original cost?
- 120%
- 108%
- 130%
- 144%
- 150%
Sign up free to see the explanation and track your rank →
More GMAT Quant practice
- Including both endpoints, how many distinct integer price points are in this range?
- Which of the following expressions must result in a positive value?
- Which property of arithmetic justifies that first step?
- Which of the following must also be an even integer?
- Which of the following inequalities correctly represents this range?
- Which of the following includes the number 0?
- How many unique meal combinations can a customer create?
- What is the probability that the lightbulb is functional?