document.write( "Question 752253: Good Morning,\r
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document.write( "I have a mark-up problem that is haunting me. Could you please show me how to set it up correctly? I can't seem to figure it out. Here it is:\r
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document.write( "A pair of shoes costs the retailer $85 per pair. At what price should the retailer mark them so he can sell them at a 15% disoount off the selling price and still make a 20% profit on his cost?\r
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document.write( "My brain is frozen on this.\r
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document.write( "Thank you in advance for your help.\r
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document.write( "Kindest regards,
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document.write( "Michelle Dean \n" );
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Algebra.Com's Answer #457651 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! The wording is very tricky here. The way I read it is \n" ); document.write( "that the retailer is going to mark the shoes at a \n" ); document.write( "price, say \n" ); document.write( "down by 15%. If he then sells them he wants to \n" ); document.write( "make 20% above what he paid for them. \n" ); document.write( "----------------------------------- \n" ); document.write( "So, \n" ); document.write( "He wants this sale to equal \n" ); document.write( "I can say \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "He must mark them at $120 \n" ); document.write( "------------------------ \n" ); document.write( "Hope I got it- strange worded problem \n" ); document.write( " \n" ); document.write( " |