Question

Macy's buys a coat from the manufacturer for $22.00. They markup the coat by 75%. Ms. Tonyes buys the coat and uses a 15% off coupon. How much does Ms. Tonyes pay for the coat before tax?

Answer 1

Toney buys the coat for $ 14.8.

Explanation:

Cost of coat =$ 22

Mark up by 75 %

discount = 10 %

Let toney pay $ R for the coat.

So, according to the question

R + 75 % R = 1.75 R

Now the cost is

1.75 R - 15 % of 1.75 R = 22

1.75 R - 0.2625 R = 22

R = 14.8

So, he buy the coat for $ 14.8.