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

Malreddysid asked Aug 27, 2023

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25 votes

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

Malreddysid asked Aug 27, 2023

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17 votes

Answer:

$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

Jairaj answered Sep 3, 2023

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