The flat screen TV that is marked up by 30% and 20% discount had a profit of $60 after being sold.
The mark up percentage is given by:
Mark up percentage = (selling price - cost price)/cost price
Since the original price is $1500, hence:
30% = (selling price - 1500)/1500
0.3 = (selling price - 1500)/1500
(selling price - 1500) = 450
Selling price = $1950
It was again sold at a discount of 20%:
Final selling price= 1950 - 20% of 1950 = 1560
Profit = 1560 - 1500 = $60
Hence $60 profit was made by the store for the sale of a flat screen TV.
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