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son4ous [18]
3 years ago
15

An antique dealer usually charges 20 percent more than his purchase price any vase sold in his store.during a clearance sale,all

items are marked 10 percent off.if the dealer sells a vase during the clearance sale,his profit on the vase(sale price minus purchase price) is what percent of the purchase price of the vase?
a. 8%
b. 9%
c. 10%
d. 11%
e. 12%
Mathematics
1 answer:
galina1969 [7]3 years ago
6 0
The answer is c. 10%
We know that the antique dealer would normally charge 20% more than the price he purchased the item for. This also means that the antique dealer is making a profit of 20% on the items he sells. If the antique dealer hosts a 10% off sale, he is reducing the profit he is making from 20% to 10%.
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