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Math Help - price problem

  1. #1
    Member Rimas's Avatar
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    price problem

    A merchant paid $30 for an article.He wishes to place a price tag on it so that he can offer a 10% discount on the price marked on the tag and still make a profit of 20% on the cost. What price should he mark the tag?
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  2. #2
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    Try: (30+(.20)(30))=(.90)P.
    Solve for P.
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