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A furniture dealer purchased a desk for $150 and then set [#permalink] ### Show Tags 17 Nov 2006, 10:06 This topic is locked. If you want to discuss this question please re-post it in the respective forum. A furniture dealer purchased a desk for$150 and then set the selling price equal to the purchase price plus a markup that was 40 percent of the selling price. If the dealer sold the desk at the selling price, what was the amount of the dealer's gross profit from the purchase and the sale of the desk?

A. $40 B.$60
C. $80 D.$90