document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=56729>Question 56729</A>: <I><SPAN STYLE=\"word-break: break-all;\">  The cost of a bookcase was $70.00. Overhead associated with the bookcase was $10.00. Markup on the bookcase was 80% of cost. The merchant marked the bookcase down by 25% for a sale. If the bookcase sold at this sale price, how did the merchant come out on the bookcase?  <BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #38911 by </B><A HREF=/tutors/aboutme.mpl?userid=rcmcc><B>rcmcc(152)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rcmcc><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=rcmcc><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=38911\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> This is a simple logic question\r<BR>\n" );
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document.write( "assuming that the markup was on the total cost ie. (cost+overhead) 80% of $80 is 80x.8=$64, so the total cost will be $144.00\r<BR>\n" );
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document.write( "when the store owner marks it down 25%  it is worth 144-144x(.25)=$108 \r<BR>\n" );
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document.write( "so the store owner makes $28 profit. </SPAN>\n" );
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