document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=67982>Question 67982</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/1592009425/algebrahomeworkh></A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> you purcashed on pound of candy for $7. at what price do you need to mark the candy forr salein your candy shop, if you wish to offera 48% discount to your customers, but you need to earn a 56% profit on the original cost? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #48349 by </B><A HREF=/tutors/aboutme.mpl?userid=ptaylor><B>ptaylor(2198)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ptaylor><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=ptaylor><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=48349\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <BR>\n" );
document.write( "Let $x=price the candy is marked for sale in the candy shop\r<BR>\n" );
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document.write( "Then $x-0.48($x)=48% discount cost to customers\r<BR>\n" );
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document.write( "$7+0.56($7)=  56% profit on original cost\r<BR>\n" );
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document.write( "Now the discounted cost must equal the original cost plus the 56% profit.<BR>\n" );
document.write( "So, our equation to solve is:\r<BR>\n" );
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document.write( "x-0.48x=7+0.56(7)<BR>\n" );
document.write( "0.52x=7+3.92<BR>\n" );
document.write( "0.52x=10.92<BR>\n" );
document.write( "x=$21 ----------------price candy is marked for sale\r<BR>\n" );
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document.write( "ck\r<BR>\n" );
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document.write( "21-.48(21)=10.92------------ 48% discounted cost<BR>\n" );
document.write( "$7+.56(7)=10.92 --------56% profit on original cost\r<BR>\n" );
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document.write( "Hope this helps------ptaylor </SPAN>\n" );
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