Question

Kitchen chairs are purchased wholesale for $36 each by a discount furniture store. Then, the store marks up the chairs by 60 percent. The store has a special sale where all items are marked down by 20 percent. How much would two chairs cost during the sale? $46. 08 $57. 60 $92. 16 $115. 20.

Answer 1

Answer:

46.08 * 2 = 92.16

Explanation:

starts at 36, mark up by 60%

36 + 0.60(36) = 36 + 21.60 = 57.60

now they mark it down by 20%

57.60 - 0.20(57.60) = 57.60 - 11.52 = 46.08

46.08 * 2 = 92.16