At what price must an Book costing $47.50 be marked in order that after deducting 15% from the list ...

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At what price must an book costing $ be marked in order that after deducting % from the list price. It may be sold at a profit of % on the cost price?

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Calculated Answer

69.852941176471

Step by Step Solution

In order to solve problem, you must evaluate ((n₀ * (n₂ + 100)) / 100) / (100 - n₁) * 100.

• ((n₀ * (n₂ + 100)) / 100) / (100 - n₁) * 100

• Evaluate n₂ + 100 = 125

  ((n₀ * 125) / 100) / (100 - n₁) * 100

• Evaluate n₀ * 125 = 5937.5

  (5937.5 / 100) / (100 - n₁) * 100

• Evaluate 5937.5 / 100 = 59.375

  59.375 / (100 - n₁) * 100

• Evaluate 100 - n₁ = 85

  59.375 / 85 * 100

• Evaluate 59.375 / 85 = 0.69852941176471

  0.69852941176471 * 100

• Evaluate 0.69852941176471 * 100 = 69.852941176471

  69.852941176471
• The answer to the problem and the result of ((n₀ * (n₂ + 100)) / 100) / (100 - n₁) * 100 is 69.852941176471