150 item by 20% he cannot sell the item higher price he discounts it by 20% what is the final price of the item

Answer 1

To find the final price of an item after a 20% increase followed by a 20% discount, we can apply the following steps:

Step 1: Calculate the price after a 20% increase.
20% of 150 = 0.2 * 150 = 30
Price after increase = 150 + 30 = 180

Step 2: Calculate the price after a 20% discount.
20% of 180 = 0.2 * 180 = 36
Price after discount = 180 - 36 = 144

Therefore, the final price of the item would be $144.