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The manager of an office supplies chain store purchased 2,000 leather chairs at $240 each and plans to give her customers a 20% discount on the chairs during a Labor Day sale. At what price should she mark each of these chairs before the sale, so that when she sells one of the chairs
during the sale, she makes a 40% profit on its cost?

Sumita , 10 Years ago
Grade 12th pass
anser 1 Answers
Sourabh Singh
cost becomes 0.8C but the cost price has to be 1.4C/ .
1.4C/ . = .8C
C/ = 4/7*C
Last Activity: 9 Years ago
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