fThe marked price of a calculator is x. 25% of this price is profit. If the calculator is sold at discount of 10%, what is the profit?
@perl
The full price is x. 25 % of that is profit or 0.25x = Profit. Then it is marked down by 10 % to 0.25(x-0.1x) = new profit
25 percent of 90 percent of the full price
ok the marked price is the price before the discount
so its 0.225
is it? cos it isnt in the multiple choice
? @perl
?
@mathmath333 can u get the answer
wait
by assumption method let the marked price be \(100\) hence profit is \(25\) hence cost price is \(100-25=75\) discounted price is \(90\) \(new~~ profit %=\dfrac{90-75}{75}\times 100\)
\(new~~ profit \%= \dfrac{90-75}{75}\times 100\)
the answers are 0.21x, 0.12x, 0.18x, 0.15x, 0.1x
here marked price =\(100=x\)
as far as i know the discount is given on marked price so it should be \(20\%\) ie \(0.2x\)
if we use mathmath's method 100 dollars was the original marked price of the 100 dollars, 75 dollars is cost, 25 dollars is profit. what happens when we reduce the price by 10% the cost doesnt change since you have to pay your distributor, so we lose profit
wait \(profit =selling~price-cost~price\\ =90-75\\ =15\)
@ perl it is asking about profit not profit %\)
so it should be \(0.15x\)
right
because x = 100 was the original marked price
in our example
?
here is another way to do it, algebraically Using the equation profit = selling price - cost price Let x = marked price before 10% discount of marked price: profit = x - .75x after 10% discount of marked price: profit = .9x - .75x
cost price is the price the seller has to pay to the producer or the distributor, to get the stuff to sell. That cost is fixed , the seller can't change that
ye ok thanks
marked price -discount=selling price
ye i get it thanks both
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