SOLUTION: You purchased one pound of coffee for $20. At what price do you need to mark the coffee for sale in your coffee shop, if you wish to offer a 22% discount to your customers but you

Question 464226: You purchased one pound of coffee for $20. At what price do you need to mark the coffee for sale in your coffee shop, if you wish to offer a 22% discount to your customers but you need to earn a 39% profit on the original cost?
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
20x1.39=27.8
78%(m)=27.8
.78m=27.8
m=27.8/.78=$35.64
You have to offer a 22% discount on $35.64, which is $27.80, to realize a 39% profit on a $20 lb. of coffee..
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