The store's markup on a wholesale item is 40%. The store is currently having a sale, and the item sells for 25% off the retail price. What is the percent of profit made by the store?

Respuesta :

The percent of the profit made by the store is 15%

Mark up ad discount price

Given the following

The store's markup on a wholesale item = 40 %

The new price on the item will be 1.4x

If the store is currently having a sale, and the item sells for 25% off the price, then the percent profit made will be;

Percent made = 40% - 25%

Percent made = 15%

Hence  the percent of the profit made by the store is 15%

Larn more on percent profit here: https://brainly.com/question/19104371