document.write( "Question 435665: A shopkeeper marks up his price to make a 30 % profit on cost but allows 5 % discount on cash terms. If he sells an article for $ 247 on cash terms, find his actual profit and express it as a percentage of the cost price of the article. \n" ); document.write( "
Algebra.Com's Answer #301531 by rwm(914)![]() ![]() ![]() You can put this solution on YOUR website! .95*(1.3c)=247 \n" ); document.write( "c=200 \n" ); document.write( "247-200=$47 profit \n" ); document.write( "47/200=23.5% \n" ); document.write( "[An aside-$50 would be 25% profit] \n" ); document.write( " |