document.write( "Question 385104: A computer company gives a discount of 10% on a new piece of software. If it makes a profit of 4%, what percent does the marked price exceed the cost price? \n" ); document.write( "
Algebra.Com's Answer #272508 by mtmorro(23)![]() ![]() You can put this solution on YOUR website! It has to add the 10% discount to the marked price. Then add 4% to make a profit.\r \n" ); document.write( "\n" ); document.write( "I can explain ... They paid 100.0 for the software. So they first have to mark it up by 10% to be able have a discount of 10% and to make a profit of 4% it have 14% above the cost then then the 10% discount to make it appear to be on sale. Then the 4% added which is not removed so a profit to be made.\r \n" ); document.write( "\n" ); document.write( "100 cost \n" ); document.write( "10% discount \n" ); document.write( "Then added 4% profit. \r \n" ); document.write( "\n" ); document.write( "$115.72 \n" ); document.write( "-$11.57discount roughly 10% \n" ); document.write( " puts it at $104.14 for a 4% profit amswer 14.14% the .14% is a factor when it is all above the 110% mark \r \n" ); document.write( "\n" ); document.write( "This is rounded up and/or down, but explains how it can be conducted. I hope this helps.. \n" ); document.write( " \n" ); document.write( " |