Asked by HELP....
As part of a marketing plan, some businesses mark up their prices before they advertise a sales event. Some companies use this practice to entice customers into the store without sacrificing their profits.
An electronics store wants to host a sales event prior to the big game.
How much profit will the store make on the sale of a flat screen TV that is marked up by 30% and then sold at a 20% discount if the original price of the TV is $1500?
An electronics store wants to host a sales event prior to the big game.
How much profit will the store make on the sale of a flat screen TV that is marked up by 30% and then sold at a 20% discount if the original price of the TV is $1500?
Answers
Answered by
R_scott
let x equal the starting price
(1.3 x) * (1 - .2) = 1.04 x
1.04 x - x = .04
.04 * 1500 = ?
(1.3 x) * (1 - .2) = 1.04 x
1.04 x - x = .04
.04 * 1500 = ?
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.