Question

Construct Arguments A store manager

Answer 1

Answer:

$10 = price of flash drive

A store manager  marked up a $10 flash drive by 20%.

10 * 1.2 = $12

She then  marked it down by 20%.

12 * 0.8 = $9.60

Explain why the new  price of the flash drive is not $10.

20% of the original price, $10, is less that 20% of the marked up price, $12. This means the store manager lost more than she gained. Hence the price is not $10.