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Sergeu [11.5K]
3 years ago
6

A furniture store owner buys a sofa for $400 and marks it up %90 to sell it. During the stores anniversary sale she sells the so

fa for %25 off. How much profit will the store owner make on the sofa during the anniversary sale?
Mathematics
1 answer:
lord [1]3 years ago
3 0

Answer:

Anniversary sale price= $570

Step-by-step explanation:

Giving the following information:

Purchase cost= $400

Mar-up percentage= 90%

<u>First, we need to calculate the "normal" selling price:</u>

Selling price= 400*1.9= $760

<u>Now, we can determine the anniversary sale price:</u>

Anniversary sale price= 760 - (760*0.25)= $570

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