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25 Dec 2021, 10:54
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Difficulty:
95%
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Question Stats:
24% (02:03) correct
76%
(01:29)
wrong
based on 50
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A dealer purchased an antique for $300 and then marked up the price of the antique by 40% of the selling price. what was the merchant's gross profit on the sale of the antique?
(A) $100
(B) $120
(C) $180
(D) $200
(E) $240
(A) $100
(B) $120
(C) $180
(D) $200
(E) $240
25 Dec 2021, 21:32
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nislam
A dealer purchased an antique for $300 and then marked up the price of the antique by 40% of the selling price. what was the merchant's gross profit on the sale of the antique?
(A) $100
(B) $120
(C) $180
(D) $200
(E) $240
(A) $100
(B) $120
(C) $180
(D) $200
(E) $240
I guess the question is incomplete. M.P. is 40 % of S.P.. How will we find S.P.?
25 Dec 2021, 23:15
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nislam
A dealer purchased an antique for $300 and then marked up the price of the antique by 40% of the selling price. what was the merchant's gross profit on the sale of the antique?
(A) $100
(B) $120
(C) $180
(D) $200
(E) $240
(A) $100
(B) $120
(C) $180
(D) $200
(E) $240
Question seems to be incomplete. Or am I understanding wrong?
