SOLUTION: .The outdoor shop buys tents for $264 less 25% for buying more than 20 tents. The store operates on a markup of 33 1/3 % of the sale price and advertises at all merchandise is sold
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Question 1127615: .The outdoor shop buys tents for $264 less 25% for buying more than 20 tents. The store operates on a markup of 33 1/3 % of the sale price and advertises at all merchandise is sold at a discount of 20% of the regular selling price. What is the regular selling price of the tents? Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! The outdoor shop buys tents for $264 less 25% for buying more than 20 tents. The store operates on a markup of 33 1/3 % of the sale price and advertises that all merchandise is sold at a discount of 20% off the regular selling price. What is the regular selling price of the tents?
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Store buying price:: 0.75*264 = $198
Store regular selling price:: 1.333*198 = $263.93
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Cheers,
Stan H.
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