The cost price of a car is $120 000. If a salesman rises the marked price of the car 20% higher than the cost price, but offers a 10% discount to the customer, what is the marked price?
2006-11-18 01:02:22 · 14 answers · asked by dancing_terax 1 in Science & Mathematics ➔ Mathematics
120,000 *120% = 144,000 marked price(intermediate)
144,000 * 90% = 129,600 final marked price
2006-11-18 01:36:39 · answer #1 · answered by captain173 2 · 0⤊ 0⤋
The original cost price is $120,000, so let 120,000 represent 100% of the original cost.
The normal retail price is 20% higher than the cost
=$120,000 x 120%/100%
(If you use the expression "cancelling" the %s "cancel" and the multiplication and division comes out to $144,000) If not, you will call this calculation something else.
To calculate the special discount, $144,000 now represents 100%
So 10% discount (90%) of the regular retail price
=144,000 x 90%/100%
=$129,600 is the discounted marked price
=$144,000 is the normal, regular retail price
2006-11-18 01:12:38 · answer #2 · answered by rosie recipe 7 · 0⤊ 0⤋
20 percent of $120 000 = $1200 x 2
= $2400
$120 000 + $2400 = $122400
10 percent of $122400 = $1224
The customer will get the car at
$122400 - $1224 = $121176
But, your question is, "What is the marked price?"
So the answer will still be
$120 000 + $2400 = $122400 (The Answer)
2006-11-18 01:54:07 · answer #3 · answered by Sam 2 · 0⤊ 0⤋
cost price of car is $120000
rised price by 20%
i.e. $24000 so the cost of the car is $120000 +$24000 =$144000
now he offers a discount of 10% on this marked price
therefore that makes it $144000(100-10)/100 = $129600 Ans
2006-11-18 01:18:47 · answer #4 · answered by oee22 2 · 0⤊ 0⤋
129 600
2006-11-18 01:12:15 · answer #5 · answered by baseballguy12 2 · 0⤊ 0⤋
the marked price of the car would be $122400
2006-11-18 01:14:31 · answer #6 · answered by mammak 1 · 0⤊ 0⤋
Price increase by 20%
120000 x 0.2 = 24000
120000 + 24000 = 144000. . .Price after 20% increase
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Discount
144000 x 0.1 = 14400
144000 - 14400 = 129600
The marked price is $ 129600
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2006-11-18 01:39:57 · answer #7 · answered by SAMUEL D 7 · 0⤊ 0⤋
One billion dollars. ;-)
It depends on whether the 10% discount is based on the wholesale cost or the retail cost.
2006-11-18 01:12:04 · answer #8 · answered by Clown Knows 7 · 0⤊ 1⤋
120,000 * 20% = 24,000
120,000+24,000 = 144,000 market price
144,000 * 10% = 14,400 discount
final price = 144,000-14,400 = 129,600
2006-11-18 01:11:08 · answer #9 · answered by tma 6 · 1⤊ 1⤋
Nice car.
I will be marked as $129600.
2006-11-18 01:06:38 · answer #10 · answered by ignoramus 7 · 0⤊ 2⤋