document.write( "Question 445676: A computer company gives a discount of 10 % on a new piece of software. If it makes a profit of 7%, what percent does the marked price exceed the cost price? \n" ); document.write( "
Algebra.Com's Answer #306963 by stanbon(75887)\"\" \"About 
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A computer company gives a discount of 10 % on a new piece of software. If it makes a profit of 7%, what percent does the marked price exceed the cost price?
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\n" ); document.write( "Let the cost price be \"x\".
\n" ); document.write( "If it makes a profit of 7% thru the cost then price = 1.07x
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\n" ); document.write( "If a 10% discount is given on the price the final price will be 0.9(1.07)x
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\n" ); document.write( "However:
\n" ); document.write( "Let the cost price be \"x\".
\n" ); document.write( "If a 10% discount is given the discounted price is 0.9x
\n" ); document.write( "If a 7% profit is applied the final price is 1.07*(0.9)x
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\n" ); document.write( "Final price = 0.963x
\n" ); document.write( "So the marked price does not exceed the cost price.
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H. \n" ); document.write( "
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