document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1037854>Question 1037854</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A hardware store owner bought a used refrigerator for $155.00 and marked it to sell for a profit of 30% on the cost. He then sold it for 10% less than the marked price. What is the percent profit made by the owner?  Answer choices are:\r<BR>\n" );
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document.write( "15%, 17%, 19% and 30%. I think it is 19% but I want to make sure.<BR>\n" );
document.write( "Thanks! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #652498 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39620)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=652498\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Go stepwise according to the described process.  Give a variable to what the question asks.<BR>\n" );
document.write( "Alternatively, give a variable to the final selling price.\r<BR>\n" );
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document.write( "SELL FOR 30% PROFIT<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=155%2A1.30 ALIGN=MIDDLE  ALT=\"155%2A1.30\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "SOLD AT 10% LESS THAN MARKED<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=155%2A1.30-0.10%28155%2A1.30%29 ALIGN=MIDDLE  ALT=\"155%2A1.30-0.10%28155%2A1.30%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "WHAT PERCENT ACTUAL PROFIT?<BR>\n" );
document.write( "Revenue minus Cost is the amount of profit.<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight_green%28%28155%2A1.3-0.1%28155%2A1.3%29%29-155%29 ALIGN=MIDDLE  ALT=\"highlight_green%28%28155%2A1.3-0.1%28155%2A1.3%29%29-155%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "----<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight_green%2826.35%29 ALIGN=MIDDLE  ALT=\"highlight_green%2826.35%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >-----the AMOUNT of profit.\r<BR>\n" );
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document.write( "PERCENT PROFIT<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=26.36%2A100%2F155=highlight%2817%29percent ALIGN=MIDDLE  ALT=\"26.36%2A100%2F155=highlight%2817%29percent\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "---<BR>\n" );
document.write( "WHY THE 1.3  FACTOR\r<BR>\n" );
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document.write( "Thirty percent more of something means  100 percent PLUS  the fraction <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=30%2F100 ALIGN=MIDDLE  ALT=\"30%2F100\"   DISABLED_style= \"max-width:90%; height:auto;\" > more of the something.  One hundred percent of something is still all the 1 of this something counting as ONE; and the additional fraction <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=30%2F100 ALIGN=MIDDLE  ALT=\"30%2F100\"   DISABLED_style= \"max-width:90%; height:auto;\" >  is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.3 ALIGN=MIDDLE  ALT=\"0.3\"   DISABLED_style= \"max-width:90%; height:auto;\" > of this something.\r<BR>\n" );
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document.write( "To count the 30% increase you have   a factor  <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1%2B0.3 ALIGN=MIDDLE  ALT=\"1%2B0.3\"   DISABLED_style= \"max-width:90%; height:auto;\" >. </SPAN>\n" );
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