Question

During a sale, a store offered a 20% discount on a TV that originally sold for $710. After the sale, the discounted price of the TV was marked up by 20%. What was the price of the TV after the markup? Round to the nearest cent.

Answer 1

$681.60

Explanation:

Given:

During a sale, a store offered a 20% discount on a TV that originally sold for $710. After the sale, the discounted price of the TV was marked up by 20%

To Find:

What was the price of the TV after the markup? Round to the nearest cent.

Solution:

$710 × (1 + 20%) × (1 - 20%)

$710 × 1.2 × (1-0.2)

$710 × 1.2 × 0.8

($710 × 1.2) × 0.8

852 × 0.8

= $681.60

Kavinsky