SOLUTION: A bookstore purchased a best selling price book at 200.00 per copy. At what price should this book b sold so that, giving a 20% discount, the profit is 30%.
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Question 361862: A bookstore purchased a best selling price book at 200.00 per copy. At what price should this book b sold so that, giving a 20% discount, the profit is 30%.
Answer by checkley77(12844) (Show Source): You can put this solution on YOUR website!
(200+x).8=200*1.3
160+.8x=260
.8x=260-160
.8x=100
x=100/.8
x=125
200+125=325 is the selling price before the 20% discount.
Proof:
(200+125).8=200*1.3
325*.8=260
260=260
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