Posted by **Anonymous** on Sunday, July 27, 2014 at 6:44pm.

Suits at a local clothing store are discounted 20%. Despite the discount, the store owner enjoys a net profit (discount price minus cost) equal to 60% of the cost of the suits. If the suits cost the clothing store owner $200 each, what was the prediscount price of each suit?

The answer key says..

x=the prediscount price of a suit

0.8x= discount price

0.8x-200=0.6•200

x=$400

I don't get where the 0.8 in 0.8x came from..how come the discount price =0.8??

WAIT,I think I got it!

But please check my reasoning..

x-0.2x=discount price

1-0.2=0.8!!!!! Correct????

- SAT -
**bobpursley**, Sunday, July 27, 2014 at 7:49pm
correct

## Answer This Question

## Related Questions

- math (discount) - An instrument store gives a 10% discount to all students off ...
- Math 1 please help - A clothing store has the sign shown in the shop window. ...
- maths - A clothing firm determines that in order to sell x suits, the price per ...
- math - An instrument store gives a 10% discount to all students off the original...
- Math - An instrument store gives a 10% discount to all students off the original...
- Mathematics 1 - a store owner had 225 suits. at the end of a sale he had sold 4/...
- Math - Can someone please check to see if I got these right. A store receives $...
- Algebra 1 - A company buys a sweater for $14 and marks it up 90%. It later ...
- Algebra 1 - A store offers a 15% discount on all items in the store during a ...
- math - A store offers a 15% discount on all items in the store during a sale. ...

More Related Questions