Question

He outdoor furniture center buys wooden benches for $50each. The furniture store owner adds a 200% markup to the cost of the bench. After hearing from customers that the selling cost of the bench is too high the owner changes the markup to 120% how much less per bench does the store owner make with the lower markup?

Answer 1

200% pf 50 is 100  and 120% of 50 is 60
so 150 - 110= 40

you are paying 40 less