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Jlenok [28]
2 years ago
9

The Bridal Shop bought a dress from a supplier for $105 wholesale and applied a 65% markup to the price. If a 7. 5% sales tax we

re added after a 20% discount was used, what would be the total cost to purchase the dress?.
Business
1 answer:
Airida [17]2 years ago
7 0

Based on the various additions as well as discount, the total cost of the dress would be<u> $149.00</u>

The cost of the dress after the markup would be:

<em>= Wholesale cost x ( 1 + markup)</em>

= 105 x (1 + 65%)

= 105 x 1.65

= $173.25

After the discount, the cost is:

= 173.25 x (1 - 20%)

= $138.60

The cost after the sales tax is:

= 138.60 x (1 + 7.5%)

= $148.995

= $149.00

In conclusion, the cost of the dress is $149.00

<em>Find out more on such at brainly.com/question/216245. </em>

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If a firm's marginal costs <u>fall</u>, then its <u>price falls.</u>

This is based on the principle that if the marginal cost of a product or firm rises, that implies that the firm is operating at a high fixed cost, thereby leading to an increase in the cost of production, which generally equates to products having a high price.

On the other hand, where there is low marginal cost, production costs reduce because the products are being produced at a lower fixed cost. Thereby leading to lower prices.

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Answer:

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