SOLUTION: A merchant marks her goods up by 50% and then offers a 20% discount on the list price. what % profit does the merchant finally make?

SOLUTION: A merchant marks her goods up by 50% and then offers a 20% discount on the list price. what % profit does the merchant finally make?

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Question 90521: A merchant marks her goods up by 50% and then offers a 20% discount on the list price. what % profit does the merchant finally make?
Answer by checkley75(3666) (Show Source): You can put this solution on YOUR website!
1.5X-.2(1.5X)
1.5X-.3X=1.2X OR A PROFIT OF .2 OR 20%
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