Question

A shoe keeper marks his Goods at 40% above cost (the price he pays for the goods) and then offers a 25% discount. If a jacket costs the shopkeeper $200, at what price is it sold?
A. $180
B. $200
C. $210
D. $230

Answer 1

You would multiply 200 by 40% (0.40 after making it a decimal) then add that to the original cost (200+80=280). Then multiply 280 by 25% (0.25 after making it s decimal) then subtract because it is a discount (280-70=210)