标题: Math problem [打印本页] 作者: periodic 时间: 2005-6-1 13:04 标题: Math problem
A merchant purchased a jacket for $60 and then determined a selling price that equalled the purchase price of the jacket plus a markup that was 25 percent of the selling price. During a sale, the merchant discounted the selling price by 20 percent and sold the jacket. What was the maerchant's gross profit on this sale?
The answer is $4.00. Would anyone explain it for me? Thanks!作者: liuliyun 时间: 2005-6-1 13:06