medium · GMAT Quant
A regional distributor increases the wholesale price of an industrial lubricant by 25 percent. During an end-of-quarter volume clearance, the distributor offers a 20 percent discount on the updated price.
What is the overall percentage change from the original wholesale price to the final clearance price?
- 0 percent
- 5 percent increase
- 5 percent decrease
- 4 percent increase
- 10 percent increase
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