A furniture store owner buys a sofa for $400 and marks it up 90% to sell it. During the store's anniversary sale, she sells the
sofa for 25% off.
How much profit will the store owner make on the sofa during the anniversary sale?
A furniture store owner buys a sofa for $400 and marks it up 90% to sell it. During the store's anniversary sale, she sells the sofa for 25% off.
How much profit will the store owner make on the sofa during the anniversary sale?
1 answer:
Answer:
$570
Step-by-step explanation:
If she marks up the sofa for 90%, she will change the price to 760$
Now, 25% of 760$ is 190$. So, we subtract 190 from 760 and get 570$
Hope this helped, and have a good one!
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