Question 1053407
Let cp, or the cost price, be 100. In order to profit by 20%, he must mark his goods at 120. In order to offer a 25% discount, we have:
.75n=120
n=120/.75=160
160/100=1.6, or a 60% markup over his cost to realize a 20% profit while still giving the end-buyer a 25% discount. &#9786;&#9786;&#9786;&#9786;