SOLUTION: A furniture shop allows 25% discount on her advertised prices and this gives the owner a final profit of 20% on the cost price. If the shop makes a profit for $80 on a bed. i)

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: A furniture shop allows 25% discount on her advertised prices and this gives the owner a final profit of 20% on the cost price. If the shop makes a profit for $80 on a bed. i)       Log On


   

Question 1024704: A furniture shop allows 25% discount on her advertised prices and this gives the owner a final profit of 20% on the cost price.
If the shop makes a profit for $80 on a bed.
i) find the selling price
ii) find the advertised price
Answer by jorel555(1290) About Me  (Show Source):
You can put this solution on YOUR website!
80 represent 20% of the selling price, so:
.2n=80
n=400 as the selling price
400 represents 75% of the advertised price so:
.75n=400
n=533.33 as the advertised price. ☺☺☺☺