Question

A computer store buys a computer system at a cost of ​$474.60. The selling price was first at $ 791​, but then the store advertised a 40 % markdown on the system. Answer parts a and b.

Answer 1

Answer:

a. Profit = $316.6

b. Profit=$0

Explanation:

The computer store buys the computer at $474.40. If it sells it for $791 it will make a profit of:

But if it marks it down by 40% the selling price wwill be:

There it wont make a profit

Explanation:

Answer 2

The sale price, after a 40% markdown on the computer system priced at $791, is $474.60. Loyalty club members receive an extra 20% discount, paying $379.68 for the computer.

1. Sale Price Calculation:

- The markdown of 40% means the sale price is 60% of the original price.

- Calculate the sale price:
`\(0.60 * \$791 = \$474.60\)`.

2. Club Member Discount:

- Club members get an additional 20% off the sale price.

- Calculate the discounted price for club members:
`\(0.80 * \$474.60 = \$379.68\)`.

Therefore, the sale price after the 40% markdown is $474.60, and club members pay $379.68 with their additional 20% discount.

The complete question is:

A computer store buys a computer system at a cost of $474.60. The selling price was first at $791, but then the store advertised a 40% markdown on the system. Find the sale price Members of the store's loyalty club get an additional 20% off their computer purchase. How much do club members pay for the computer with their discount?