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26 votes
26 votes
Pls help

A red bike costs $125 and the price is marked up 8%. A blue bike costs $150 and the price is marked down 8%. Enter the difference in the prices of the bikes including the markup and markdown.

User Mike Freedman
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2 Answers

18 votes
18 votes
The answer is 3 :) good luck
User Edpaez
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14 votes
14 votes
the price of red bike previously : $125
the price of red bike after markup : $125(1+8%)=135

the price of blue bike previously : $150
the price of blue bike after markup : $150(1-8%)=138

The difference in the price of the bikes including the markup and markdown : $138-135=3

User ArieKanarie
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3.1k points