Question

Mark to review later..3. Javier purchased a laptop at an electronics store 57 days ago for $385. The store's policy states that items can be returnedwithin 60 days for 90% of the original purchase price. Items can still be returned after 60 days, but there is an additional restockingfee of 2%. If Javier returns the computer today, what is the total amount he will receive as a refund

Answer 1

Javier has purchased the laptop 57 days ago, and the store's policy for items returned within 60 days is a 90% refund of the original price. Since Javier returned the item today, which is exactly 57 days right after his purchase, the 90% refund will be made. To solve the refunded price, we just multiply the cost of the laptop by the percent refund. We have ($385) x (90%) = $346.5.

Hence, Javier gets $346.5 as a refund on returning the laptop today.