At harry's discount hardware everything is sold for 20 less than the price marked if harry buys a tool kits for 80 what price should he mark them if he wants to make a 20 profit on his cost?

Answer 1

Well, isn't that just a happy little question! If Harry wants to make a 20 profit on his cost, he should mark the tool kits at 120. Since everything is sold for 20 less than the marked price, selling the tool kits at 120 would give him a profit of 20, bringing a smile to his face and his customers too.

Answer 2

If Harry buys a tool kit for $80 and wants to make a $20 profit on his cost, he needs to sell the tool kit for $100. Since everything is sold for $20 less than the price marked, he should mark the tool kits at $120. This way, when he sells them for $100, he will make a $20 profit.

Answer 3

Oh, dude, math time! So, if Harry buys the tool kits for $80 and wants to make a $20 profit, he needs to mark them up by $100 total. Since everything is sold for $20 less than the marked price, he should mark the tool kits at $120 to make that sweet profit. Easy peasy, lemon squeezy!

Answer 4

Harry wants 20% profit so he needs to sell at 80 + 20% = 80*1.20 = 96

Then 96 is after 20% off the marked price so x = 96/0.80 = 120.