Question

A store purchased a digital camera and marked it up 100% from the original cost of $863.57. A week later the store placed the digital camera in sale for 40% off. What was the discount price?

Answer 1

$1036.28

Explanation:

Marking something up by 100% means doubling the price. Let's do this step first:

863.57 * 2 = 1727.14

Next, the discount is 40%

I would find this by taking the 10% value, multiplying that by 4 and subtracting that from our new value

10% = 172.714

40% = 690.856

Now our newest value:

1727.14 - 690.856

1036.284

Round to 2 decimal places (as is proper when dealing with cents):

1036.28

Thus, our newest (discounted) price is:

$1036.28