SOLUTION: If a peddler marks up his $12 ball caps 80% and then puts them on sale for 20% off, what will you have to pay for a cap if tax is added at 7%?

Question 230164: If a peddler marks up his $12 ball caps 80% and then puts them on sale for 20% off, what will you have to pay for a cap if tax is added at 7%?
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
If a peddler marks up his $12 ball caps 80% and then puts them on sale for 20% off, what will you have to pay for a cap if tax is added at 7%?
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Does he sell them for $12? Or buy them for $12?
Assuming you mean he buys them for $12:
He adds 80% --> $12*1.8 = $21.60
20% off of that --> $21.60*0.8 = $17.28
Add 7% for tax --> $17.28*1.07 = $18.49

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