Posted by **Vince** on Sunday, July 4, 2010 at 1:29pm.

At Harry's Discount Hardware everything is sold for 20% less than the price marked. If Harry buys tool kits for $80, what price should he mark them if he wants to make a 20% profit on his cost?

- Math -
**Ms. Sue**, Sunday, July 4, 2010 at 1:51pm
0.8x = 80

x = 80/0.8

x = 100 >> selling price

0.8x = 100

x = 100/0.8

x = 125 >> marked price

- Math -
**Pintu**, Sunday, June 5, 2011 at 11:24pm
Ok, another solution for this problem:

20% of $80=16

so, the selling price=80+16=$96

Let, by the mark price of 20% profit=x

so, x-(20% of x)=96

or, x-x/5=96

or, x= (96*5)/4

or, x=$120 (Ans)

## Answer this Question

## Related Questions

- math - The cost price of a Jean is Rs. 200 and marked price is 50% more than the...
- grammar public school rawlakot - The cost price of a Jean is Rs. 200 and marked ...
- maths - due to competition,a trader allows a discount of 15% on the marked price...
- Math - Bosley's Pet Foods buys dog kibbl for $19.50 per bag, less 40%. The store...
- Math - A computer company gives a discount of 10% off of the marked price on a ...
- english - People who don’t know Harry tend to underestimate him. They cast a ...
- Math - Mark bought four times as many apples as Harry and three times as many ...
- Math - at a boutique, an evening gown is marked at a profit of 40% on the cost ...
- Math - 1. The towns population increased from 80,000 to 90,000 in ten years. ...
- math - The total cost C(q) of producing q goods is given by the following ...

More Related Questions