hard · GMAT Quant
A retail company marks up the wholesale cost of a product by 40 percent to establish the initial listing price. During a seasonal clearance, the listing price is discounted by 25 percent, and the product sells at the discounted price.
The final sale price is what percent greater than the original wholesale cost?
- 5 percent
- 15 percent
- 10 percent
- 35 percent
- 12 percent
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