document.write( "Question 1174189: An article is sold at a discount of 10% and a profit of 20% is made. If the cost price of the article is $3600, find its marked price. \n" ); document.write( "

Algebra.Com's Answer #799625 by ikleyn(52832) $\"\"$ $\"About$

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\n" ); document.write( "An article is sold at a discount of 10% and a profit of 20% is made.
\n" ); document.write( "If the cost price of the article is $3600, find its marked price.
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document.write( "Let x be its marked price.\r\n" );
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document.write( "From the condition, the article was sold ar the discounted price of 0.9x and the profit was 20% of the cost price.\r\n" );
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document.write( "So, the profit was  0.2*3600 = 720 dololars.\r\n" );
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document.write( "It gives this equation\r\n" );
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document.write( "    0.9x - 3600 = 720   dollars.\r\n" );
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document.write( "From the equation,  x =  = 4800  dollars.\r\n" );
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document.write( "ANSWER.  The marked price of the item was 4800 dollars.\r\n" );
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document.write( "CHECK.  The discounted price  was  0.9*4800 = 4320  dollars;\r\n" );
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document.write( "        the profit is  4320 - 3600 = 720  dollars.   ! correct !\r\n" );
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