Question

A TV can be purchased from the manufacturer for $160. An online retailer sells the same

Answer 1

Answer:

(a) $208

(b) $224.

Step-by-step explanation:

A TV can be purchased from the manufacturer for $160. An online retailer sells the same TV with a 30% markup from the manufacturer’s price, and a superstore sells the same TV for a 40% markup from the manufacturer’s price.

(a) Therefore, the price of the TV when purchased online will be  

$160(1 + \frac{30}{100}) = 208$ dollars (Answer)

(b) And the price of the same TV when purchased at the superstore will be  

$160(1 + \frac{40}{100}) = 224$ dollars (Answer)