The owner of a sporting goods store buys pairs of rollerblades for $60 and marks them up 25%. Several months later, he decides o clear his inventory a

ddaeeric

ddaeeric

Answered question

2021-01-28

The owner of a sporting goods store buys pairs of rollerblades for $60 and marks them up 25%. Several months later, he decides o clear his inventory and sells each pair or rollerblades at a discount of 20%. What is the total price of a pair of these rollerblades with the discount and a 6% sales tax?

Answer & Explanation

firmablogF

firmablogF

Skilled2021-01-29Added 92 answers

The price after markup is:
$60+0.25($60)=$60+$15=$75 ​
The marked-down pricing is as follows using the marked-up price: ​
$750.20($75)=$75$15=$60
Using the discounted pricing, the final cost (including sales tax) is as follows: ​
$60+0.06($60)=$60+$3.60=$63.60

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