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A dealer is selling an article at a discount of 5% on the marked price. (1) What is the selling price, if the marked price is 140. (2) What is the cost price, if the marked price is 12% above the cost price? i've got the first answer using the formula: so, But now how do i proceed with the second question? |
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Marked price = 140 (2) What is the cost price, if the marked price is 12% above the cost price? x * 1.12 = 140 x = 140/1.12 x = 125 cost price = 125 |
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