document.write( "Question 1208330: Hi
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document.write( "If Bob sells a TV at a discount of 15% of the marked price he will make a profit of $135. If he sells at a discount of 25% of marked price he makes a loss of $65. What is the cost price of the TV. \n" );
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Algebra.Com's Answer #846686 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "He makes a $135 profit if he sells at a 15% discount of the marked price; he has a loss of $65 if he sells at a 25% discount. \n" ); document.write( "A profit of $135 compared to a loss of $65 represents a change of $200 in the selling price. \n" ); document.write( "That change of $200 results from the additional 10% discount, so 100% of the marked price is $2000. \n" ); document.write( "With a discount of 15% of the marked price, the selling price is 85% of $2000, which is $1700. \n" ); document.write( "He makes a profit of $135 if he sells at a 15% discount, so his cost was $1700-$135 = $1565. \n" ); document.write( "ANSWER: $1565 \n" ); document.write( "To check the answer, see that the selling price with a discount of 25% is 75% of $2000, which is $1500; that is $1565-$1500 = $65 less than his cost, giving him a loss of $65. \n" ); document.write( " \n" ); document.write( " |