Question

7. A sporting goods store purchases a

skateboard for $100 and marks the price
up by 40%. The store is having a sale where
everything is 15% off the sticker price.
Estimate the final price of a skateboard.​

Answer 1

final price of skateboard will be $119

Explanation:

Given that:

Purchasing price = $100

Mark up = 40%

So the mark up price would be:

= Original price + 40%(Original price)

= $100 + 40%($100)

= $100 + 40

= $140

Now when store is having a sale everything will be 15% off so:

Sale price of skate board will be:

= $140 - 15%(140)

= $140 - 0.15(140)

= $140 - $21

= $119

So the final price of skateboard will be $119

i hope it will help you!