Question

the original price for a set of golf clubs is $500 at the beginning of the seasons the price was marked up by 20% at the end of the seasons the price at the beginning of the season is marked down by 20% how does the final price compare with the original price of $500​

Answer 1

Explanation:

price marked up by 20%= 500+
`(20)/(100)`×500

=$600

price marked down by 20%= 600-
`(20)/(100)`×600

=$480

the final price is less than the original price

Answer 2

Answer: The final price is less than the original

Explanation:

Let us break this down a bit.

The original price is $500

-> At the beginning, the price was marked up by 20%

-> At the end, the price at the beginning of the season is marked down by 20%

We are solving for: "How does the final price compare with the original price of $500​"

First, we will find the price at the beginning.

-> Please note a percent divided by 100 becomes a decimal

20% / 100 = 0.2

$500 * 0.2 = $100

$500 + $100 = $600

Now, we will find the price at the end.

$600 * 0.2 = $120

$600 - $120 = $480

The final price is less than the original price of $500.