SOLUTION: A store pays $44.50 for a tent. The store markup is 65%. How much would you pay for the tent if there was a 10% off sale and a 2% sales tax?
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Question 840603: A store pays $44.50 for a tent. The store markup is 65%. How much would you pay for the tent if there was a 10% off sale and a 2% sales tax?
Answer by josgarithmetic(39617) (Show Source): You can put this solution on YOUR website!
Price at store just marked-up: ;
Reduction by 10%: ;
Might not be technically correct, but the 2% tax may be applied to the regular store price:
A way to make the decimal numbers seem neater is to use the markup as 1.65 factor.
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That could be managed more neatly still using the distributive property:
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