document.write( "Question 529119: A merchant paid $30 for an item.
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document.write( "He wishes to place a price tag on it so that he can offer a
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document.write( "10% discount on the price marked on the tag
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document.write( "AND
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document.write( "still make a 20% profit on the cost of the item.
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document.write( "What price should he mark on the tag? Show or explain how you got your answer.\r
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Algebra.Com's Answer #349515 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! ----- \n" ); document.write( "Let x be final price. \n" ); document.write( "----------------------- \n" ); document.write( "After 10% discount price would be 0.9x. \n" ); document.write( "----------------------- \n" ); document.write( "20% profit on $30 purchase = 1.2*30 \n" ); document.write( "Equation: \n" ); document.write( "1.2*30 = 0.9x \n" ); document.write( "0.9x = 36 \n" ); document.write( "x = $40.00 (final price) \n" ); document.write( "============================ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============ \n" ); document.write( " |