# maths

A computer company gives a discount of 10% on a new piece

of software. If it makes a profit of 4%, what percent does the marked

price exceed the cost price?

1. 👍 0
2. 👎 0
3. 👁 40
asked by king
1. cost price ---- x
final selling price = 1.04x
but that represents 90% of the marked price
so the marked price = 1.04x/.9 = 1.1555...x

so the marked price is 15.55..% higher than the cost price.

e.g.
suppose the cost price is \$100
marked up price = 100(1.155...) = 115.56
now lets reduce that by 10% to get a selling price of .9(115.56) = 104.004
profit = \$4.00
which on a \$100 is 4%

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2. 👎 0
posted by Reiny

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