MathDB

An article costing

C

dollars is sold for

\$100

at a lostt of

x

percent of the selling price. It is then resold at a profit of

x

percent of the new selling price

S'

. If the difference between

S'

and

C

1\frac {1}{9}

dollars, then

x

is:

<span class='latex-bold'>(A)</span>\ \text{undetermined} \qquad <span class='latex-bold'>(B)</span>\ \frac {80}{9} \qquad <span class='latex-bold'>(C)</span>\ 10 \qquad <span class='latex-bold'>(D)</span>\ \frac {95}{9} \qquad <span class='latex-bold'>(E)</span>\ \frac {100}{9}

Problem Statement