SOLUTION: A trader gives a discount of 12% on the market price of an article. If a customer pays $1760 for the article. what is the market price of the article
Algebra.Com
Question 1124633: A trader gives a discount of 12% on the market price of an article. If a customer pays $1760 for the article. what is the market price of the article
Answer by rothauserc(4718) (Show Source): You can put this solution on YOUR website!
let x be the market price
:
1 - 0.12 = 0.88
:
Note the customer paid 88% of the market price
:
0.88 * x = 1760
:
x = 1760/0.88 = 2000
:
************************************
market price of the article is $2000
************************************
:
RELATED QUESTIONS
a trader sold an article at a discount of 6% for 846. if the article was initially marked (answered by josgarithmetic,Theo,ikleyn,MathTherapy)
A trader sold an article at an discount of 8% for GH¢828.If the article was initially... (answered by amfagge92,MathTherapy)
A trader sold an article at a discount of 8% for GH¢828.If the article was initially... (answered by addingup)
A trader sold an article at a discount of 8% for GH¢828.If the article was initially... (answered by addingup,MathTherapy)
A retailer allows 20% trade discount and 5% cash payment . What will be the marked price... (answered by solver91311)
A retailer allows 20% trade discount and 5% cash payment . What will be the marked price... (answered by Boreal)
A shopkeeper makes a profit of 12% if he sells an article for $84.
a) Find the cost of (answered by josmiceli)
PLEASE HELP ME SOLVETHIS: If A Trader Gains 15% by Selling An Article For $1560.00, What (answered by rothauserc,MathTherapy)
a shopkeeper marks the price of an article at $80. find the selling price of the article... (answered by taha)