Question

A boutique buys a dress for $120 then marks it up 35%. The dress went on sale for 20% off. Select all of the expressions that represent the purchase price of the dress. A).20% discount of $162.B).15% markup of $120.C).$129.60. D) $138.00

Answer 1

the boutique buys the dress at $120 and then marks it up 35%, then we have the following:

`\begin{gathered} \text{ \$120 with 35\% up} \\ \text{ Then we must calculate the 135\% of \$120:} \\ (120)(1.35)=162 \end{gathered}`

Afterwards, the dress went on sale for 20% off, then:

`\begin{gathered} \text{ 20\% discount of \$162} \\ \Rightarrow(162)\cdot(0.80)=129.60 \end{gathered}`

Therefore, the purchase price of the dress is $129.60