Answer:
65% profit
-25% discount
Step-by-step explanation:
cost price = 40+25 = 65% higher than marked price
discount = -25%
Use this equation to solve the problem:
x - (x * .25) = 40
This equation is saying the original price times itself by 25% is 40.
x - (x * .25) = 40
Simplify.
x - .25x = 40
.75x = 40
Divide both sides by .75.
x = 53.33
The original price was $53.33
Answer:8.55
Step-by-step explanation:
