A merchant sells an item at a 20 percent discount , but still makes a gross profit of 20 percent of the cost. what percent of the cost would be the gross profit on the item. if it were sold without discount?

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A merchant sells an item at a 20 percent discount , but still makes a gross profit of 20 percent of the cost. what percent of the cost would be the gross profit on the item. if it were sold without discount?

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