Question

A furniture store owner buys a sofa for $400 and marks it up 90% to sell it. During the store's anniversary sale, she sells the sofa for 25% off.

How much profit will the store owner make on the sofa during the anniversary sale?

A furniture store owner buys a sofa for $400 and marks it up 90% to sell it. During the store's anniversary sale, she sells the sofa for 25% off.



How much profit will the store owner make on the sofa during the anniversary sale?

Answer 1

$570

Explanation:

If she marks up the sofa for 90%, she will change the price to 760$

Now, 25% of 760$ is 190$. So, we subtract 190 from 760 and get 570$

Hope this helped, and have a good one!