Answer:
$99
Explanation:
So the initial price of the tablet was $100. It was marked up by 10% and then marked down by 10%. We are asked to find the final price.
To find the final price, lets first find the price after the tablet price was marked up by 10%. This means that the tablet price increased by 10%. To find the price, we can add 10% of the new original price (or 10% times $100) original price ($100):
$100 + ($100 × 0.1) = $100 + $10 = $110
We could have also multiplied $100 by 1.1 (or 1 + 10%) to find the new price.
So now we know that the new price after the tablet is marked up by 10% is $110. Now, to find the final price, we have to find the price after the new price is marked down by 10%. We can do this by taking the new price ($110) and subtracting 10% of the new price (or 10% times $110):
$110 - ($110 × 0.1) = $110 - $11 = $99
So the final price of the tablet would be $99.
I hope you find my answer to be helpful. Happy studying.