Question

A dealer allows 30% discount on his list prices and then makes a profit of 25% on his cost price. What is the list price of a camera on which he gains $91?

Answer 1

Let x be the list price.  

x - .25 x = 30 + .40 (30)  

.75 x = 30 + 12  

.75 x = 42  

x = 42/.75  

x = $ 56

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