document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=830981>Question 830981</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Help please. \r<BR>\n" );
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document.write( "A merchant buys a good for $275. Their store's operating expenses are 35% of cost. The selling price of the good is $549, but is marked down by 35%. The transaction resulted in a: \r<BR>\n" );
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document.write( "	A. net loss of $110.30.<BR>\n" );
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document.write( "	B. net loss of $60.48.<BR>\n" );
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document.write( "	C. net loss of $14.40.<BR>\n" );
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document.write( "	D. net profit of $2.07.<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 #501101 by </B><A HREF=/tutors/aboutme.mpl?userid=KMST><B>KMST(5328)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=KMST><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=KMST><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=501101\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The cost of the item is $275. That is what the merchant paid for that item.<BR>\n" );
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document.write( "The merchant sold the item at 35% off $549.<BR>\n" );
document.write( "We could calculate 35% of $549 and then subtract the result from $549,<BR>\n" );
document.write( "but it is easier to calculate the sale price as 65% of $549.<BR>\n" );
document.write( "100% of any price - 35% of the same price = 100%-35% of the price =65% of the price.<BR>\n" );
document.write( "Percentages are really fractions, and 65% is 65 out of each 100 or <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=65%2F100=0.65 ALIGN=MIDDLE  ALT=\"65%2F100=0.65\"   DISABLED_style= \"max-width:90%; height:auto;\" > .<BR>\n" );
document.write( "We calculate 65% of $549 by multiplying $549 times 0.65.<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.65%2A%28%22%24+549%22%29=%22%24+356.85%22 ALIGN=MIDDLE  ALT=\"0.65%2A%28%22%24+549%22%29=%22%24+356.85%22\"   DISABLED_style= \"max-width:90%; height:auto;\" > .<BR>\n" );
document.write( "That is what the merchant received when the item was sold.<BR>\n" );
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document.write( "The store's operating expenses are calculated as 35% of the cost of that item as<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.35%2A%28%22%24+275%22%29=%22%24+96.25%22 ALIGN=MIDDLE  ALT=\"0.35%2A%28%22%24+275%22%29=%22%24+96.25%22\"   DISABLED_style= \"max-width:90%; height:auto;\" > .<BR>\n" );
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document.write( "The merchant had expenses of $275 + $96.25 = $371.25,<BR>\n" );
document.write( "and got back only $356.85.<BR>\n" );
document.write( "That is a net loss of $371.25 - $356.85 =<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight%28%22%24+14.40%22%29 ALIGN=MIDDLE  ALT=\"highlight%28%22%24+14.40%22%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > </SPAN>\n" );
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