Question

A store owner paid $15 for a book she marked up the price of the the book by 40% to determine its selling price part A what is the selling price of the book? Part B a customer buys a different book that has an original selling price of $38 the book is discounted 25% the costumer must pay 6% sales tax on the discounted price of the book .what is the total amount the customer must pay for the discounted book

Answer 1

A:

40% = 0.4

15*0.4 = 6

15 + 6 = 21

The marked up price is $21

B:

To find the discounted price:

25% = 0.25

38*0.25 = 9.5

38 - 9.50 = 28.50

To find the tax and price after tax:

6% = 0.06

28.50*0.06 = 1.71

So tax is $1.71

28.50 + 1.71 = 30.21

Price after tax is $30.21