Answer:
($) 60 is the profit per item when the selling price is reduced by 20%
Step-by-step explanation: 20% of 700 is 140.
The original profit is 700 - 500 = 200. The selling price is 140 less, Subtract 140 from 200. That leaves a profit of 60. (Not necessarily dollars, as the currency was not given in the question.)
The answer is 10 because it all goes up by 10
You would times it by -5
20/-4 = -5
-100/20 = -5