If a store increases the cost price of a product by 50% and sells it at a 20% discount, and the selling price is 480 yuan, how much profit can it make?

If a store increases the cost price of a product by 50% and sells it at a 20% discount, and the selling price is 480 yuan, how much profit can it make?

Suppose the cost is x, the formula x (1 + 50%) * 0.8 = 480, and the solution is x = 400, then 480-400 = 80, the profit is 80