SOLUTION: Goods cost a merchant $72. At what price would he mark them so that he may sell them at a discount of 10% from his marked price and still make a profit of 20% on the selling pri

SOLUTION: Goods cost a merchant $72. At what price would he mark them so that he may sell them at a discount of 10% from his marked price and still make a profit of 20% on the selling pri

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Question 799245: Goods cost a merchant $72. At what price would he mark them so that he may sell them at a discount of 10% from his marked price and still make a profit of 20% on the selling price
Answer by thepelster(3) (Show Source): You can put this solution on YOUR website!
10 percent of $72 is $7.20 and double that (20 percent) is $14.40
so the merchant could sell the goods at $86.80 and say he is having a sale of 10 percentage sale
hope this helps
P
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