MATH(markup and markdown )

a knife was originally sold RM15.the price was marked down by 19% and finally marked down an additional 5%.What is the final reduced price.?

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asked by FIZZ
  1. P1 = 100%-19% = 81% of original price.
    P1 = 0.81 * 15 = $12.15. = Sale price.

    P2 = 100%-5% = 95% of P1.
    P2 = .95 * P1 = .95 * 12.15 = $11.54 =
    Final sale price.

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    posted by Henry
  2. A hi-fi set was purchased for RM7000.The hi-fi set will be resold by offering an 8% discount.If the retailer wants a 18% gross profit based on the net retail price,find the list price.

    pls help me ?

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    posted by FIZZ
  3. Po = $7,000 = Original price.

    P1 = 100% - 8% = 92% of Po
    P1 = 0.92 * 7000 = $6,440 = Resale price

    P2 = 100% + 18% = 118% 0f P1.
    P2 = 1.18 * 6440 = $7599.20=List price.

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    posted by Henry

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