During a sale of 20% on everything in a store, a kid is successful in convincing the store manager to give him 20 candies for the discounted price of 14 candies. The store still makes a profit of 12% on this sale. What is the mark up percentage on each candy?
(A) 100%
(B) 80%
(C) 75%
(D) 66+2/3%
(E) 55%
This question can be solved in multiple ways and it would be good to discuss what are the different ways in which to solve this problem.![]()
(A) 100%
(B) 80%
(C) 75%
(D) 66+2/3%
(E) 55%
This question can be solved in multiple ways and it would be good to discuss what are the different ways in which to solve this problem.