Difference between revisions of "1950 AHSME Problems/Problem 36"
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Revision as of 11:29, 5 July 2013
Problem
A merchant buys goods at of the list price. He desires to mark the goods so that he can give a discount of on the marked price and still clear a profit of on the selling price. What percent of the list price must he mark the goods?
Solution
Since there is a 20% off sale, then the new price is . Karl buys five of them, so the amount saved is the price he had to pay with the 20% sale subtracted from the price he had to pay with no sale:
See Also
1950 AHSC (Problems • Answer Key • Resources) | ||
Preceded by Problem 35 |
Followed by Problem 37 | |
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All AHSME Problems and Solutions |
The problems on this page are copyrighted by the Mathematical Association of America's American Mathematics Competitions.