Asked by Gordon
A furniture shop bought a table from the manufacturer and marked up the purchase price by 50%. At the Augustus Homemaker Sale, the price was reduced by 25%. The buyer saved 30$ on the price tag shown in the shop.
What did the shop pay the manufacturer for the table in the first place?
Did the furniture make a profit or a loss and by how much?
What did the shop pay the manufacturer for the table in the first place?
Did the furniture make a profit or a loss and by how much?
Answers
Answered by
oobleck
If the manufacturer price was $x, then
the store retail was 1.50x
At the sale, the price was 0.75 * 1.50x = 1.125x
The buyer paid 1.125x - 30
Since there are no real numbers given, it's impossible to answer the questions just now.
the store retail was 1.50x
At the sale, the price was 0.75 * 1.50x = 1.125x
The buyer paid 1.125x - 30
Since there are no real numbers given, it's impossible to answer the questions just now.
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