Asked by grace leung
The marked price of a book is double that of its cost. In a sale, what percentage discount was given if the profit made was 20% of the cost?
Answers
Answered by
Steve
original price: 2c
sale price 1.2c
discount: .8c/2c = 40%
sale price 1.2c
discount: .8c/2c = 40%
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