Question

Part B

The store owner put 8 T-shirts on clearance. The T-shirts were originally priced at $18.00 each. The owner marked down the price of the
T-shirts by 35%
How much money did the store owner receive for selling all 8 T-shirts? $50.40
$93.60
$116.00
a $141.20

Answer 1

$93.60

Step-by-step explanation:

Given the following data;

Number of T-shirts = 8

Cost price = $18 each

Discount = 35%

To find the selling price;

First of all, we would calculate the price after the discount.

Discount price = 35/100 × 18

Discount price = 630/100

Discount price = $6.3

Now, we find the selling price for each;

Selling price = cost price - discount price

Selling price = 18 - 6.3

Selling price = $11.7

Total revenue = selling price * number of shirts

Total revenue = 11.7× 8

Total revenue = $93.60

Therefore, the store owner received $93.60 for selling all 8 T-shirts.