A department store purchases logo shirts at a cost of $10 per shirt. They increase the price 100% and put them on the sales floo
r. Every month that a shirt doesn’t sell, the store reduces the selling price by 25%. After three monthly reductions, the final shirt from the shipment is sold. There is a 5% sales tax on the selling price. Explain the steps for finding the final cost to the customer for that shirt?
The original selling price is found by multiplying 100% by $10 and adding that to the original $10. The logo shirt goes on the sale floor for $20. Each of the next three months, the reduced price is found by multiplying the current sale price by 75%. The tax is found by multiplying 5% by the final discounted price and adding the tax to the final sale price.
Sample response: The original selling price is found by multiplying 100% by $10 and adding that to the original $10. The logo shirt goes on the sale floor for $20. Each of the next three months, the reduced price is found by multiplying the current sale price by 75%. The tax is found by multiplying 5% by the final discounted price and adding the tax to the final sale price.
The formula for a triangular pyramid is 1/3AH. A is the area of the base. H is the height of the pyramid. So to find the area of a right triangle, you would use the formula (a x b)/2. So (10 x18)/2 is 90 inches^2. Now you can fill in the first formula. 1/3(90 x 14), which equals 420 inches^3. I hope you find this helpful (if correct.)