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The selling price of merchandise is $960. By selling it at a discount of 20%. It gives a loss of 5%. What is the cost price.

The selling price of merchandise is $960. By selling it at a discount of 20%. It gives a loss of 5%. What is the cost price.
asked 186k views
2 votes
The selling price of merchandise is $960. By selling it at a discount of 20%. It gives a loss of 5%. What is the cost price.

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User Michele Locati
by
7.8k points

1 Answer

3 votes

Answer:869.25

Explanation:

960×.20=192-960=828$

828×.05=41.25+828=869.25

answered
User Haltabush
by
7.8k points
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