A store usually a certain item at 40% profit. In one week the store has a sale during which the item is sold at 10% less then the usual price. During the sale what is the profit the store makes on the item ?

A store usually a certain item at 40% profit. In one week the store has a sale during which the item is sold at 10% less then the usual price. During the sale what is the profit the store makes on the item ?
  • A) 16%
  • B) 10%
  • C) 28%
  • D) 26%

Correct Answer: D) 26%

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