document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1025422>Question 1025422</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 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? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #640701 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=640701\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the store buys it wholesale at 40% off the retail price.<BR>\n" );
document.write( "the store then sells it at a discount of 25% off the retail price.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "let x = the retail price.<BR>\n" );
document.write( "the store buys it at 40% off the retail price.<BR>\n" );
document.write( "the store pays x - .4 * x = .6 * x\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "the store then sells it at 25% off the retail price.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "the store sells it at x - .25 * x = .75 * x.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "the cost to the store is .6 * x.<BR>\n" );
document.write( "the store sells it at .75 * x.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "the profit to the store is the selling price minus the cost.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "that becomes .75 * x - .6 * x which is equal to .15 * x.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "the percent profit that the store makes is the profit that the store makes divided by the cost to the store * 100.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "that becomes .15 * x / .60 * x = .15 / .60 = .25 * 100 = 25%.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "if we put this in numbers, you might be able to see better.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "assume the retail price is 100 dollars.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "the wholesale price is 60 dollars, which is 40% off the retail price of 100 dollars.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "the store sells it at 25% off the retail price.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "the store therefore sells it at 75 dollars, which is 25% off the retail price of 100 dollars.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "the cost to the store is 60 dollars and the store sells it for 75 dollars.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "the store makes a 15 dollar profit.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "percent profit is equal to (profit divided by cost) times 100.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "this becomes (15 / 60) * 100 = 25%.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );