Question

During a sale, a store offered a 20% discount on a tablet computer that originally sold for $490. After the sale, the discounted price of the tablet computer was marked up by 20%. What was the price of the tablet computer after the markup? Round to the nearest cent.

Answer 1

After a 20% discount, the price of the tablet drops to $392. A subsequent 20% markup increases the price to $470.40, rounded to the nearest cent.

Step-by-step explanation:

The original price of the tablet computer is $490. To find the sale price after a 20% discount, we calculate 20% of $490:

• $490 × 0.20 = $98

Subtract the discount from the original price to get the sale price:

• $490 - $98 = $392

The tablet computer is then marked up by 20% after the sale. To find the new price after the markup, we calculate 20% of the sale price:

• $392 × 0.20 = $78.40

Add the markup to the sale price:

• $392 + $78.40 = $470.40

Therefore, the price of the tablet computer after the markup is $470.40, rounded to the nearest cent.