A store purchased a plasma screen TV for $770 and marked it up 150%. During a sale, the store marked it down 20%. What was the d
iscount price on the plasma screen TV?
2 answers:
Answer:
Solution given:
cost price [c.p] of TV =$770
MP=c.p+ 150% of c.p=$770+150/100×770=$1925
discount [D]=20%
now
discount amount=D% of MP=20/100×1925=$385 is your answer.
$385 was the discount price on the plasma screen TV.
Answer:
1540
Step-by-step explanation:
First find the new price after the markup
The markup is
770 * 150%
770 * 1.5
1155
Add this to the original price
770 + 1155
1925
Now find the discount
1925*20%
1925*.20
385
Subtract this amount from the 1925
1925-385
1540
The final price is 1540
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