document.write( "Question 1208330: Hi
\n" );
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" );
document.write( "
Algebra.Com's Answer #846698 by math_tutor2020(3816)![]() ![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "x = cost price = amount Bob paid for the TV \n" ); document.write( "y = marked price = amount that Bob's customer pays if no discounts are applied\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "0.15y = amount the customer saves if 15% discount is applied \n" ); document.write( "y - 0.15y = 0.85y = amount the customer pays after the 15% discount \n" ); document.write( "0.85y-x = profit Bob makes = 135 \n" ); document.write( "0.85y-x = 135 \n" ); document.write( "x = 0.85y-135 \n" ); document.write( "We'll use this later.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "0.25y = amount the customer saves if 25% discount is applied \n" ); document.write( "y - 0.25y = 0.75y = amount the customer pays after the 25% discount \n" ); document.write( "0.75y-x = profit Bob makes = -65 \n" ); document.write( "0.75y-x = -65 \n" ); document.write( "0.75y-(x) = -65 \n" ); document.write( "0.75y-(0.85y-135) = -65 ....... plug in x = 0.85y-135 \n" ); document.write( "0.75y-0.85y+135 = -65 \n" ); document.write( "-0.10y+135 = -65 \n" ); document.write( "-0.10y = -65-135 \n" ); document.write( "-0.10y = -200 \n" ); document.write( "y = -200/(-0.10) \n" ); document.write( "y = 2000 \n" ); document.write( "This is the amount the customer would pay if no discounts are applied.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Then, \n" ); document.write( "x = 0.85y-135 \n" ); document.write( "x = 0.85*2000-135 \n" ); document.write( "x = 1565 dollars is the cost price of the TV. \n" ); document.write( " \n" ); document.write( " |