SOLUTION: A first-edition comic book costs dealer $60. If the dealer wants to offer customers a discount of 10% the price marked on the tag but still wants to make a profit of 20% cost, what
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Question 1040913: A first-edition comic book costs dealer $60. If the dealer wants to offer customers a discount of 10% the price marked on the tag but still wants to make a profit of 20% cost, what price should be placed on the tag?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A first-edition comic book costs dealer $60. If the dealer wants to offer customers a discount of 10% the price marked on the tag but still wants to make a profit of 20% cost, what price should be placed on the tag?
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Let the tag price be "p"::
after 10% discount:: 0.9p
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0.9p = 1.2*60
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0.9p = 72
p = $80
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Cheers,
Stan H.
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