Help please! #14

Question

The Selling price of an item is $600. After 6 months of not selling, it is marked down by 10%. After another 6 months of not selling, it is further marked down by 20% Find the sale ...show more. Round to the nearest dollar if needed

Answer 1

The originally priced item at $600 is markdown first by 10%

 

x = (.10) (600)

 

x = 60

 

$600 - $60 = $540

 

The new selling price of $540 is then mark down by 20%

 

y = (.20) (540)

 

y = 108

 

$540 - $108 = $432

 

If it sold after the last 20% markdown,  the final selling price then is $432.

 

Hope this helps.

Dr. D.