document.write( "Question 360623: A store bought a number of tractors for $800 each. Its regular selling price is $1000.The store decides to discount the price to stimulate sales and to earn a minimum profit of 5%. What is the maximum discount rate?
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Algebra.Com's Answer #257353 by mananth(16946)\"\" \"About 
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tractor cost $800
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\n" ); document.write( "so their profit 800/100*5= 40
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\n" ); document.write( "profit now is $200
\n" ); document.write( "minimum profit = 40
\n" ); document.write( "so discount to be offered = 160.
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\n" ); document.write( "1000 discount 160
\n" ); document.write( "100 ---?
\n" ); document.write( "160*100/1000= 16%
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\n" ); document.write( "m.ananth@hotmail.ca
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