When sold at a 40% discount, a sweater nets the merchant a 20% profit on the wholesale cost at which he initially purchased the item. By what % is the sweater marked up from wholesale at its normal retail price?	Choose one
A) 20%
B) 40%
C) 50%
D) 80%
E) 100%
et the Marked up price =100..   Selling price= 100-40%of 100=60..   profit= 20%..   therefore the wholesale purchase cost= x.... 1.2x=60   or x=50...   marked price was 100 so 50 over 50...   so answer is 100%..   ANSW100%R:100%
<result>E</result>
When sold at a 40% discount, a sweater nets the merchant a 20% profit on the wholesale cost at which he initially purchased the item. By what % is the sweater marked up from wholesale at its normal retail price?