document.write( "Question 1095932: Asiamah was given 25% trade discount on an article listed GHC750.00. He sold it with a cash discount of 5%. Calculate Asiamah percentage profit
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Algebra.Com's Answer #710400 by Theo(13342)![]() ![]() You can put this solution on YOUR website! if i understand what you are saying correctly, then:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the list price is 750. \n" ); document.write( "the trade discount is 25%. \n" ); document.write( "therefore you buy the item for 750 minus .25 * 750 = 750 minus 187.5 = 562.5 \n" ); document.write( "you then sell the item at 5% discount off the list price. \n" ); document.write( "you sell it for 750 minus .05 * 750 = 750 minus 37.5 = 712.5 \n" ); document.write( "your cost was 562.5 and you sold it for 712.5 \n" ); document.write( "your profit is 712.5 minus 562.5 = 150. \n" ); document.write( "your percent profit is 150 / 562.5 * 100 = 26.67% rounded to 2 decimal digits.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |