SOLUTION: A merchant buys goods at 25% off the list price. He desires to mark the goods so that he can give a discount of 20% on the marked price and still clear a profit of 25% on the selli

SOLUTION: A merchant buys goods at 25% off the list price. He desires to mark the goods so that he can give a discount of 20% on the marked price and still clear a profit of 25% on the selli

Algebra.Com

Question 268931: A merchant buys goods at 25% off the list price. He desires to mark the goods so that he can give a discount of 20% on the marked price and still clear a profit of 25% on the selling price. What per cent of the list price must he mark the goods?
(A) 125% (B) 100% (C) 120% (D) 80%. (E) None of these.
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
C) 120%
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