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?
A-$180
B-$200
C- $210
D- $230

Answer 1

C. $210
The original cost of $200 plus the 40% markup equals $280.
Then the $280 with the 25% discount is $210.

Answer 2

Answer:

The shopkeeper sold the jacket at $210.

Step-by-step explanation:

A shopkeeper marks his goods at 40% above cost (the price he pays for the goods) and then offers a 25% discount.

So, when a jacket costs the shopkeeper $200, so first we will add 40% to it and then give a discount of 25%.

40% of 200 =$0.40\times200=80$

Price will become = $200+80=280$ dollars

Now he will give 25% discount on it;

Final price will become: $280-(0.25\times280)$

= $210

Hence, The shopkeeper sold the jacket at $210.