document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1091509>Question 1091509</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I sold a smoothie for $420.<BR>\n" );
document.write( "a) if I made a profit of 20% what was the cost price?<BR>\n" );
document.write( "b) if I incurred a loss of 20%, what was his cost price? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #705916 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=705916\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> cost price is x<BR>\n" );
document.write( "made 20%<BR>\n" );
document.write( "1.20x is the sale price=$420<BR>\n" );
document.write( "divide both sides by 1.20<BR>\n" );
document.write( "x=$350, and 20% profit is $70.<BR>\n" );
document.write( "----------------------<BR>\n" );
document.write( "cost was x<BR>\n" );
document.write( "loss of 20% means sold for 0.80x<BR>\n" );
document.write( "$420/0.8=$525.<BR>\n" );
document.write( "20% of $525 is $105 and that is the sale price, the decrease over the original amount.  Notice that the differences are not the same. </SPAN>\n" );
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