Question

A merchant sell an item at 20% discount but still makes a gross profit of 20% of the cost. what percent of cost would be gross profit

Answer 1

hey mate

here is your answer

if he sells without discount he will earn profit of =20+20=40%

hope help u

please mark it as brainliest

Answer 2

#hey mate

here is your answer

profit % he earn on selling iteam =20%

gross profit % he earn = 20%

total profit % he earns = 20% +20%

=40%

Hope help u

Please mark it as brainliest.

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