document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1053407>Question 1053407</A>: <I><SPAN STYLE=\"word-break: break-all;\"> <BR>\n" );
document.write( " A dealer allows a discount of 25% on the marked price. How much must he mark his goods above the cost price to make a profit of 20% ? \r<BR>\n" );
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document.write( "(hint let cp 100) </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #668690 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel555><B>jorel555(1290)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel555><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=668690\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let cp, or the cost price, be 100. In order to profit by 20%, he must mark his goods at 120. In order to offer a 25% discount, we have:<BR>\n" );
document.write( ".75n=120<BR>\n" );
document.write( "n=120/.75=160<BR>\n" );
document.write( "160/100=1.6, or a 60% markup over his cost to realize a 20% profit while still giving the end-buyer a 25% discount. &#9786;&#9786;&#9786;&#9786; </SPAN>\n" );
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