A store purchased a pair of pants for $210 and was selling it at a price that equaled the purchase price of the pants plus a markup that was 25 percent of the selling price. After some time a store owner decided to decrease the selling price by 20 percent. What was the store's gross profit on this sale?
Choose the correct choice from the following options:
A) $14
B) $2
C) $10
D) $6
E) $8
Sale Price(SP) = 210 + Markup(MP)   --&gt; Mp = SP-210   and given MP=SP/4 ( 25% is 1/4th)   so SP/4= SP-210   3SP/4= 210   SP=280   Now a discount of 20% is given so NEW SP is .8 *280= 
<gadget id="calculator">.8 *280</gadget>
<output>224</output>
224   Profit=224-210= 
<gadget id="calculator">224-210</gadget>
<output>14</output>
14   $14nswer is $14
<result>A</result>
A store purchased a pair of pants for $210 and was selling it at a price that equaled the purchase price of the pants plus a markup that was 25 percent of the selling price. After some time a store owner decided to decrease the selling price by 20 percent. What was the store's gross profit on this sale?