SOLUTION: plzzz solve this A retailer pays $90 to a wholesaler for an article. The retail price is set using a 60% rate of markup on selling price. To increase traffic to his store, the ret

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Question 1020185: plzzz solve this
A retailer pays $90 to a wholesaler for an article. The retail price is set using a 60% rate of markup on selling price. To increase traffic to his store, the retailer marks the article down 20% during a sale. What is the sale price?

$
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
The retail price is:
+90+%2B+.6%2A90+=+90+%2B+54+
+90+%2B+54+=+144+
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This retail price is marked down 20%
+144+-+.2%2A144+=+144+-+28.8+
+144+-+28.8+=+115.2+
The sale price is:
$115.20