document.write( "Question 1021509: At the beginning of March, a store bought a silver coat rack at a cost of $64 and marked it up 25%. At the end of the month, the silver coat rack had not sold, so the store marked it down 45%. What was the discounted price? \n" ); document.write( "
Algebra.Com's Answer #637321 by robertb(5830)\"\" \"About 
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I will assume that the mark up was on cost (and not on the selling price).\r
\n" ); document.write( "\n" ); document.write( "==> the selling price was 1.25*64 = $80.\r
\n" ); document.write( "\n" ); document.write( "==> the discounted price is 80*(1-0.45) = 80*0.55 = $44.
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