game is marked 320.
at 30% off, if i buy it i will end up paying 320/100 x 70 = 224
so the discount is 320-224 = 96
now , 96 is 48% of the cost price.
so the cost price is 96/48 x 100 =200
so the cost price is 200 and the selling price after 30% off is 224
so, the profit is 224-200 = 24 dollars
in percentage the profit is 224/200 x 100 = 112
hence the profit is 12 %
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2006-11-18 00:08:51
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answer #1
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answered by Anonymous
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if its marked at 320$ and sold at 30% discount then,
30% discount of 320$ is 30 * 320 / 100 = 96$,
the discount = 96$ = 48% of cost then,
96 = 48/100 * cost
cost = 96 * 100 / 48 = 200$
profit = (sale price - cost)/cost * 100%
sale price = 320 - 96 = 224$
profit = (224-200)/200 *100%
profit = 12%
2006-11-18 00:14:30
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answer #2
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answered by Ahmad 2
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ok, let's have a go...
30% of $320 is $96, so the cost at discount is 320 - 96 which is $224. Now, this amount is 48% of the cost price. It would be useful to find 2%, so $224 divided by 50 = $4.48. Add the two together, = $224 + $4.48 which is $228.48. This is now 50% of the cost price, so the cost price is double this - $456.96. Therefore, if this was the original cost price, and the item was sold for $320 ... there is a difference of $136.96, which is 29.97% of the cost price.
I'm not convinced that this is right, but I put loads of effort into working this out! Hope this helps...
2006-11-18 00:10:29
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answer #3
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answered by Funky Little Spacegirl 6
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Marked Price (MP) = $320
Discount rate = 30%
Discount = 30*320/100
= 9600/100
= $ 96
Sales Price = 320 - 96
= $224
The discount is 48% of the cost price.
$ 96 is 48% of the cost price.
Let CP be 'x'
48x/100 = 96
48x = 9600
x = 9600/48
x = 200
The Cost Price is $200
The Sales Price is $224
Profit = SP - CP
= 224-220
= $4
Profit percent = (4/200)*100
= 400/200
= 4/2
= 2%
2006-11-19 01:02:51
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answer #4
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answered by Akilesh - Internet Undertaker 7
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normal price 320
-30% discount 96
= discount price 224
if discount is 48% of cost price then
cost price = 96/48 x 100 = 200
discounted price = 224 normal price = 320
- cost price 200
= discounted profit 24 normal profit 120
Gross profit % = profit / selling price x 100
24 /224 x100 = 10.71% = discounted gross profit %
120 /320 x 100 = 37.5% = normal gross profit %
The answers above are all wrong.
12% is the mark up%.
The gross profit % is as I have stated
2006-11-18 00:50:16
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answer #5
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answered by dawleymouse 4
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320 *.3 = 96
320 - 96 = $ 224
96 = .48X
X = $ 200
so the cost price is $200. and the price it's sold at with the discount is $224. So to find the profit percent subtract 224 - 200 which is 24 and then divide 24 / 200 to get .12, then multiply by 100 to get 12% profit.
2006-11-18 00:22:42
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answer #6
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answered by Groovtron 2
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The Original Sale Price = $320
less discount of 30% = $96 (30% of $320)
Discounted price = $224 (320-96)
Now the discount is 48% of the Cost Price.
Hence CP = $96/0.48 = $200
Now to find the final answer, viz the profit (Sale price-Cost price) percent.
$24/$200*100 = 12%
-----------------------------------------------------
Final Answer :
The profit % after discount is 12%
2006-11-18 15:51:50
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answer #7
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answered by Anonymous
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Discounted selling price = $320
Discount = 30%
---> $320 is 70% or nondiscounted selling price
---> Discount = (320/70)*30 = $137.14.
---> $32/7 is 48% of cost price
---> Cost price = (137.14/48) x 100 = $285.71
Profit = discounted selling price - cost price
Profit = $320 - $285.71 = $34.285
Profit percent = profit as percentage of cost price
Profit percent = (100/285.71)* 34.285 = 12%
Answer: 12%
Note: you must retain all of the calculated values in your calculator and not use use rounded values.
2006-11-18 03:20:25
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answer #8
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answered by Anonymous
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the marked price is $320
discount is 30% so selling price is
=320 - [320*30%]
= 320-96
=224
there for selling price is $224
if discount is 48 % of cost price, then cost price is
=96/0.48%
=200
so cost price is $200
profit is = sell price-cost price
= 224-200
= 24
profit percent is =[24/320]*100
= 7.5%
so there is 7.5 profit on marked price.
2006-11-18 00:19:35
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answer #9
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answered by abhi-avi 3
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here we deal in dollars
marked price=320
discount = 30% of 320 =96
there game sells at 320-96 =224
let cost price =x
discount= 48% of x
96 = 48% of x
>>>x=200
but, the game sells at 224
therefore,% profit=(224-200)/200
=12%
hence, profit is 12% of cost price
i hope that this helps
2006-11-18 00:48:01
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answer #10
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answered by Anonymous
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