Question

A shopkeeper 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?

Answer 1

Marked price = 200 + 40% of 200 = 200 * 0.4*200 = 200 + 80 = $280 price after 25% discount = 280 - 0.25*280 can you work that out?