A shoe store by packs of socks wholesale for $5 each and marks up by $40. The store decides to discount the packs of the socks b

Question

2 years ago

13

y 40%. Is the discounted price $5.

1 answer:

Tpy6a [65] · Answer 1 · 2022-05-11T11:47:45+03:00

Tpy6a [65]2 years ago

6 0

Answer:

No

Step-by-step explanation:

Price after the socks is marked up = $40 + $5 = $45

If the sock is discounted by 40%, the price of the socks would be 60% of the original price

0.6 x $45 = 27

The discounted price is $27