Math Problem Statement

A store originally prices a laptop at $900. It offers a 10% discount on this price. If the cost price of the laptop was $700, what is the profit percentage based on the discounted selling price?

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage
Profit and Loss
Discount Calculation

Formulas

Discounted Price = Original Price - (Original Price × Discount Percentage)
Profit = Selling Price - Cost Price
Profit Percentage = (Profit / Cost Price) × 100

Theorems

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Suitable Grade Level

Grades 6-8