Question

The owner of the Outdoor Furniture Center decides to use the 120% markup. At the end on

the season, he wants to sell all the benches that are in stock. He sells the benches for 20% off
What is the total price of a bench with this discount plus a 5% sales tax.​

Answer 1

Answer:1.008x is the answer I think

Answer 2

Answer: The total price of a bench is 1.008x.

Explanation:

Since we have given that

Let the cost price be 'x'.

Mark up % = 120%

So, Mark up value would be

`(120)/(100)x\\\\=1.20x`

Discount % = 20%

Amount of discount is given by

`(20)/(100)* 1.2x\\\\=0.2* 1.2x\\\\=0.24x`

So, it becomes,

Amount after discount is given by

`1.2x-0.24x\\\\=0.96x`

Sales tax = 5%

Amount of sales tax would be

`(100+5)/(100)* 0.96x\\\\=(105)/(100)* 0.96x\\\\=1.05* 0.96x\\\\=1.008x`

Hence, the total price of a bench is 1.008x.