Answer to Question #54701 in Statistics and Probability for jingga

Question

A dealer marks his goods at 20% above the price he pays, but allows a customer a discount of
5% of the marked price of the goods. Find:

(i) the price that a customer pays for goods marked $646 (4 marks)

(ii) the price that customer pays for goods that cost the dealer $880 (3 marks)

(iii) the cost to the dealer for goods for which a customer paid $280.44 (3 marks)