Question

During a sale, a store offered a 10% discount on a stereo system that originally sold for $550. After the sale, the discounted price of the stereo system was marked up by 10%. To the nearest whole number, what percent of the original price was the price after markup?

Need this fast!

Answer 1

99%

Explanation:

10% = 0.1

Take 550 times 0.1 = $55

So, 10% of $550 is $55

Because it is a discount, so we subtract it

550 - 55 - $495

Then we know it marks up by 10%

10% of 495 is $49.50

495 + 49.50 = $544.50

Then take 544.50 divided by 550, then times 100% = 99%