SOLUTION: suppose that a merchant buys a patio set from the wholesaler for $180. At what price should the merchant mark the patio set so that it may be offered at a discount of 25% but still

Question 985518: suppose that a merchant buys a patio set from the wholesaler for $180. At what price should the merchant mark the patio set so that it may be offered at a discount of 25% but still give the merchant a 40% profit on his $180 investment
Thank you
Answer by josgarithmetic(39617) (Show Source): You can put this solution on YOUR website!
x, the amount to add to $180 for the initial retail price
, the discounting of 25%

, left side is the discounted price, to be equal to 40 percent profit.

Initial retail price would be dollars.
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