GRE Problem Solving Question 440
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Source: Magoosh
A retailer purchases shirts from a wholesaler and then sells the shirts in her store at a retail price that is 80 percent greater than the wholesale price. If the retailer decreases the retail price by 30 percent this will have the same effect as increasing the wholesale price by what percent?
- A 26
- B 37.5
- C 42
- D 44
- E 50