medium · Gre Quant

A retailer marks up the wholesale cost of a jacket by 60% to set the list price. During a clearance sale, the jacket is sold at 25% off the list price. The retailer's profit on the sale equals what percent of the wholesale cost? Round your answer to the nearest whole percent and enter the number only (for example, enter 20 for 20%).

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

    More Gre Quant practice

    KomFi Academy — Stop doomscrolling. Get KomFi.

    Build your intelligence, anytime, anywhere.

    KomFi Academy is a curated training platform with 58,000+ practice questions, 20,000+ flashcards, on-demand video lectures, podcasts, and 4K slide decks across the topics serious professionals study: GMAT, LSAT, MCAT, 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