document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1195858>Question 1195858</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A salesperson bought an item for Tk. X and marked it up 50%. However, he could not sell the item during the first quarter and thus decided to provide a discount of 20% on the marked price. As the item remained unsold in the second quarters as well, he started to charge 70% of the discount value. What is the latest sales price of the item in terms of its buying price? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #828443 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52781)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><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=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=828443\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
document.write( "A salesperson bought an item for Tk. X and marked it up 50%. <BR>\n" );
document.write( "However, he could not sell the item during the first quarter and thus decided <BR>\n" );
document.write( "to provide a discount of 20% on the marked price. <BR>\n" );
document.write( "As the item remained unsold in the second quarters as well, he started <BR>\n" );
document.write( "to charge 70% of the discount value. <BR>\n" );
document.write( "What is the latest sales price of the item in terms of its buying price?<BR>\n" );
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document.write( "Let \"p\" be the bying price.\r\n" );
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document.write( "Then the marked price was 1.5p.\r\n" );
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document.write( "After 20% discount on the marked place the price was 0.8*1.5p = 1.2p.\r\n" );
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document.write( "When the salesperson started charging 70% of the discount value, the latest \r\n" );
document.write( "sales price was 0.7*1.2p = 0.84p.\r\n" );
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document.write( "<U>ANSWER</U>.  The latest sales price was 0.84p, in terms of buying price.\r\n" );
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document.write( "Solved.\r<BR>\n" );
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document.write( "On chains of discounts, &nbsp;see the lesson\r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=https://www.algebra.com/algebra/homework/percentage/lessons/Percentage-problems-on-chains-of-discounts.lesson>Percentage problems on chains of discounts</A> \r<BR>\n" );
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document.write( "in this site.\r<BR>\n" );
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document.write( " </SPAN>\n" );
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