• anonymous
A computer company gives a discount of 10% on a new piece of software. If it makes a profit of 4%, what percent does the marked price exceed the cost price?
  • Stacey Warren - Expert
Hey! We 've verified this expert answer for you, click below to unlock the details :)
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
  • katieb
I got my questions answered at in under 10 minutes. Go to now for free help!
  • anonymous
bet we can do this with numbers. supposed the marked price is $100 then after a 10% discount it is $90. they make a 4% profit, so the cost would be \[90\div 1.04=\$86.54\] rounded so marked price exceeds cost price by $13.56 \[13.46\div 90= 15\% \] rounded now let me try to do it for real
  • Mertsj
I solved this for you once today. Why are you posting it again?
  • anonymous
I had to leave and did find the answer

Looking for something else?

Not the answer you are looking for? Search for more explanations.