easy · GMAT Quant

A store marks up the price of a laptop by 40% over cost. During a sale, it then offers a 20% discount off the marked-up price.

What is the overall percentage profit on the original cost?

  1. 14%
  2. 32%
  3. 12%
  4. 20%
  5. 8%

Sign up free to see the explanation and track your rank →

More GMAT Quant practice

KomFi Academy — Stop doomscrolling. Get KomFi.

Turn wasted screen time into verifiable competence.

KomFi Academy is a curated training platform with 66,000+ practice questions, 25,000+ flashcards, on-demand video lectures, podcasts, and 4K slide decks across the topics serious professionals study: GMAT, LSAT, MCAT, SAT, Investment Banking, Private Equity (LBOs & PE math), Private Credit, Quantitative Finance, Financial Accounting, Asset- Backed Securities, Volume Profile Analysis, Order Flow Trading, Market Microstructure, Volume Spread Analysis, Elliott Wave Theory, Volume-Price Analysis, and Public Offering Frameworks.

What's inside

Topics

View pricing · Read testimonials