Difference between revisions of "1950 AHSME Problems/Problem 36"
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==Problem== | ==Problem== | ||
| − | A merchant buys goods at <math> 25\%</math> | + | A merchant buys goods at <math> 25\%</math> off the list price. He desires to mark the goods so that he can give a discount of <math> 20\%</math> on the marked price and still clear a profit of <math> 25\%</math> on the selling price. What percent of the list price must he mark the goods? |
<math>\textbf{(A)}\ 125\% \qquad | <math>\textbf{(A)}\ 125\% \qquad | ||
Revision as of 00:11, 8 September 2013
Problem
A merchant buys goods at 
off the list price. He desires to mark the goods so that he can give a discount of 
on the marked price and still clear a profit of on the selling price. What percent of the list price must he mark the goods?
Solution
Since there is a 20% off sale, then the new price is 
. Karl buys five of them, so the amount saved is the price he had to pay with the 20% sale subtracted from the price he had to pay with no sale:
See Also
| 1950 AHSC (Problems • Answer Key • Resources) | ||
| Preceded by Problem 35 |
Followed by Problem 37 | |
| 1 • 2 • 3 • 4 • 5 • 6 • 7 • 8 • 9 • 10 • 11 • 12 • 13 • 14 • 15 • 16 • 17 • 18 • 19 • 20 • 21 • 22 • 23 • 24 • 25 • 26 • 27 • 28 • 29 • 30 • 31 • 32 • 33 • 34 • 35 • 36 • 37 • 38 • 39 • 40 • 41 • 42 • 43 • 44 • 45 • 46 • 47 • 48 • 49 • 50 | ||
| All AHSME Problems and Solutions | ||
The problems on this page are copyrighted by the Mathematical Association of America's American Mathematics Competitions. 
