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# A man bought a bag for \$30 and decided to sell it for 15% off in his store. However, he wanted to make 20% of this sale, what price should h

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A man bought a bag for \$30 and decided to sell it for 15% off in his store. However, he wanted to make 20% of this sale, what price should he mark the bag?

Feb 13, 2015

#1
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The way I interpreted it, the man wants to make a 20% profit on the bag after the 15 discount.

In this case, you would first find what 20% profit on \$30 is, and then find what the total would be before the 15% discount:

So:

20% * \$30 + \$30

= 1.2 * 30

= 36

So the man would need to sell the bag for a final price of \$36, after the discount.

Therefore, we now need to find the price of the bag before the 15% discount, which we can call x:

x - 0.15x = 36

0.85 x = 36

x =42.35

So he needs to sell it for \$42.35 before the discount, or \$36 after the discount.

Feb 13, 2015

#1
+26

The way I interpreted it, the man wants to make a 20% profit on the bag after the 15 discount.

In this case, you would first find what 20% profit on \$30 is, and then find what the total would be before the 15% discount:

So:

20% * \$30 + \$30

= 1.2 * 30

= 36

So the man would need to sell the bag for a final price of \$36, after the discount.

Therefore, we now need to find the price of the bag before the 15% discount, which we can call x:

x - 0.15x = 36

0.85 x = 36

x =42.35

So he needs to sell it for \$42.35 before the discount, or \$36 after the discount.

kitty<3 Feb 13, 2015
#2
0

Thanks, kitty<3....I see now what is meant....I couldn't make heads or tails of it...!!!   Feb 13, 2015