SOLUTION: A particular style of sunglasses costs the retailer $80 per pair. At what price should the retailer mark them so he can sell them at a 20% discount off the selling price and still

Algebra ->  Average -> SOLUTION: A particular style of sunglasses costs the retailer $80 per pair. At what price should the retailer mark them so he can sell them at a 20% discount off the selling price and still      Log On


   



Question 1016698: A particular style of sunglasses costs the retailer $80 per pair. At what price should the retailer mark them so he can sell them at a 20% discount off the selling price and still make 35% profit on his cost?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +p+ = the price that the retailer
should mark the sunglasses
------------------------
A selling price that gives a 35% profit
on his cost would be:
+1.35%2A80+=+108+
--------------------
+p+-+.2p+=+108+
+.8p+=+108+
+p+=+135+
The retailer should mark them at $135
-------------------
check:
+135+-+.2%2A135+=+.8%2A135+
+.8%2A135+=+108+
+108+=+1.35%2A80+
+108+=+108+
OK