Discount and Profit: Finding Marked Price and Cost Price
Discount and Profit: Finding Marked Price and Cost Price
TGM Original
A shop is selling a television at \(\$5850\) after offering a discount of \(10\%\).
Despite offering the discount, the shop is still able to make a profit of \(12.5\%\).
Calculate the
- usual price of the television before the discount.
- cost price of the television.
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Answer:(a) Usual price \(=\$6500\) (b) Cost price \(=\$5200\)
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