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OpenStudy (anonymous):
A company gives a discount of 10% on a product. If it makes a 9% profit what percent does the marked price exceed the cost price?
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OpenStudy (anonymous):
1%?
OpenStudy (anonymous):
What I am looking for is a written out solution to this. I don't know the answer and would like to know how to go about solving it.
OpenStudy (anonymous):
Profit = Marked price - cost 9%p = 90%p - p => p = 90%p - 9%p = 81%p
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