medium · 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?

  1. 120%
  2. 108%
  3. 130%
  4. 144%
  5. 150%

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