Wholesaler Wendy bought a pair of new shoes from Amazon at a 50% discount of the marked price. She offers it to Trader Todd saying “I bought these at 80% of the marked price, but need to get rid of them. I will take a loss and sell them to you for 75% of the marked price”.

Todd belives Wendy and sells them for 90% of the marked price, thinking that the profit he made is $300 more than the loss that Wendy incurred.

Assuming that the marked price is constant, what was Wendy’s profit?

×

Problem Loading...

Note Loading...

Set Loading...