A dress was initially listed at a price that would have given the store a profit of 20 percent of the
wholesale cost. After reducing the asking price by 10 percent, the dress sold for a net profit of 10
dollars. What was the wholesale cost of the dress?
(A) 200
(B) 125
(C) 100
(D) 20
(E) 10
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4 comments:
is it B
plz explain ...
initially he was gettin a profit of 20%
dat means d printed price was 1.2 times d cost price....!
now givin discount of 10% on this price
he sold it at 1.08 times d cost price
he gets a profit of 10$
now 8% is 10$ so d cost price is 125$
YA CORRECT ANS IS 125 $
CORRECT EXPLANATION MR MANIAC..
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