Question

Please help!! markup and markdown word problems.

Answer 1

Answer:

Step-by-step explanation:

1. A boat is marked up 20% on the original price. The original price was $50. What is the sale price of the boat before sales tax?

$50(1+0.20) = $60

                                                                                 

2. Fred buys a video game disk for $4. There was a discount of 20%. What is the sales price?

$4(1-0.2) = $3.20

3. A painting is on sale at 50% off. The sale price is $320. What was the original price?

X*(1-0.5) = $320

X = $320/0.5

X = $640