Word Problems and Mathematical Translation Skills
Question 1 of 30
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A retailer buys a certain item for
$x
and sells it for
$y
. If the retailer’s profit is \(20\%\) of the selling price and the selling price is \(k\%\) greater than the cost price, what is \(k\)?
Select one option.
A
\(20\%\)
B
\(18\%\)
C
\(30\%\)
D
\(15\%\)
E
\(25\%\)
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