A computer company gives a discount of 10% on a new piece of software. If it makes a profit of 4%, what percent does the marked price exceed the cost price?

Question

anonymous · Answer

p=original price
d=discount
d=.9p
P=profit
P=.04d

anonymous · Answer

it is near to $ 4

anonymous · Answer

14%

anonymous · Answer

cost price = .96d

anonymous · Answer

13.6%

anonymous · Answer

I'm not sure...its the last question on my hw and I'm sooo confused!

anonymous · Answer

cost price is 86.4% of the original

anonymous · Answer

I'm not even sure where to start with this problem... :-/

anonymous · Answer

so if the discount is 10%, then it is 90% the original cost. or original cost *.9
if they make 4% profit off the discount price.  cost price is 96% of the discount price.

anonymous · Answer

yeah tutor is right in approximate terms i was sayin but in exact it is\
= 0.9 * 0.96 * 100 = 86.4
therefore 100 - 86.4 = 13.6%

anonymous · Answer

so if d=.9p,  c=.96d,  c=.96(.9p)=.864p

anonymous · Answer

does that make more sense?

anonymous · Answer

honestly...some but not all. math is a bad subject for me, you all are explaining right I'm sure, 
I'm just slow.

anonymous · Answer

hey let us suppose the marked price is $ 100

anonymous · Answer

then after allowing discount the software will be sold at what price ??

anonymous · Answer

this equation requires you to think of the flip side.  if it is a 10% discount, then you are paying 90% of the price.  If it is a 4% profit, then the cost is 96%

anonymous · Answer

reply i m waiting???

anonymous · Answer

wait tutor let me explain it first then u give another try

anonymous · Answer

its the 4% part I'm stuck at...

anonymous · Answer

tell one thing can we assume the price of software as $100

anonymous · Answer

say i m waiting

anonymous · Answer

Light bulb!!! I got it! Sorry I have to read things a few times to understand...sorry slow...Thank you!!

anonymous · Answer

ok will explain it to u let us first assume the Marked Price of Software is $ 100
(we can assume any value ok)

anonymous · Answer

got it ???

anonymous · Answer

Yes I do! Thank you!

anonymous · Answer

then after allowing a discount of 10 % the software will be sold at what price ?

anonymous · Answer

90%

anonymous · Answer

no express this in Dollars

anonymous · Answer

u ahve assumed the marked price as $ 100 so after allowing a discount of 10% it will get reduced to????

anonymous · Answer

say???

anonymous · Answer

90% of $100 = ???

anonymous · Answer

did you got my feelings?

anonymous · Answer

$90

anonymous · Answer

If the original price is 
$100, they would have to mark it up 10% to earn a profit of 4%.
14% above the original cost...right?