# The marked price of a bag is \$ 900. If the bag is sold at the marked price, then the percentage profit is 50%. If the bag is sold at a 20% discount on the marked price, what is the profit. The marked price of a bag is \$900.

If the bag is sold at this price, we know the profit is 50% (or 450\$).

This means that the cost of the bag (for the store) is also 50% or \$450.

Now, the bag suddenly goes on sale at a 20%...

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The marked price of a bag is \$900.

If the bag is sold at this price, we know the profit is 50% (or 450\$).

This means that the cost of the bag (for the store) is also 50% or \$450.

Now, the bag suddenly goes on sale at a 20% discount.

The monetary value of the discount can be determined by taking \$900*.2.

900*.2=180. \$180 is taken off the marked price.

This means that the bag only costs \$720 (900-180).

Now, remember the cost of the bag for the store was \$450.

Take 720-450=270.

This means that the profit for the store after the 20% discount is \$270.

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