Question

A store pays $50.00 for a coat. Its markup is 25%. Later, it puts the coat on sale at 20%

off. What is the sale price of the Coat. Please help

Answer 1

$50

Explanation:

$50 * 25 = 1,250

1,250/100 = 12.5

$50 + $12.5 = $62.5

$62.5 * 20 = 1,250

1,250/100 = 12.5

$62.5 - $12.5 = $50