Question

During a sale, a store offered a 15% discount on a camera that originally sold for $760. After the sale, the discounted price of the camera was marked up by 15%. What was the price of the camera after the markup? Round to the nearest cent.

Answer 1

After calculating a 15% discount and then a 15% markup on the discounted price of a $760 camera, the final price comes out to be $742.90.

Step-by-step explanation:

The subject of this question is Mathematics, specifically dealing with percentages and price markups in a sales scenario. This is a typical problem at the high school level. To solve this problem, we will follow two main steps: first, we calculate the discount amount and the sale price, and then we calculate the markup on the discounted price.

To find the sale price of the camera after the 15% discount, convert the percentage to a decimal by dividing by 100, which gives us 0.15. Multiply this by the original price to find the discount amount:

Discount amount = $760 × 0.15 = $114

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

Sale price = $760 - $114 = $646

Next, to find the new price after a 15% markup on the discounted price, we again convert the percentage to a decimal:

Markup amount = $646 × 0.15 = $96.90

Add the markup amount to the discounted price to get the final price.

Final price = $646 + $96.90 = $742.90

Rounding to the nearest cent, the camera's price after the markup is $742.90.