Question

A store purchased an alarm clock and marked it up 175% from the original cost of $5.60. Then, wanting to make room for summer inventory, the store placed the clock on sale for 5% off. What was the price after the discount?

Answer 1

$14.63

Explanation:

175 × $5.60 ÷ 100 = 9.8

$5.60 + 9.8 = $15.40

5 × $15.40 ÷ 100 = $0.77

$15.40 - 0.77 = $14.63