Question 38157: Please let me know if I answered these questions correctly:
1. A tent is originally sold at WalMart for $31. It is put on sale for July 4th at 15 off, then raised again July 20th by 10, and then put back on sale from that price, for Labor Day, at another 10 off, what is the sale price for the Labor Day sale?
Answer: $26.09 at the Labor Day sale
2. A pair of women's shoes originally sold for $89.99, but were marked down to $54.99, what is the percent of the markdown?
Answer: 39% markdown
3. A diamond ring sells for $600.00. This is a 50 markup on the selling price. Find the amount of the markup and the cost.
Answer:
M= $300.00
C= $300.00
Answer by josmiceli(19441)   (Show Source):
You can put this solution on YOUR website! I get the answer you got for (1)
.90[1.1(.85[31])]
or, simply
.90 * 1.1 * .85 * 31
For (2), I got 38.9%
(89.99 - 54.99) / 89.99
For (3), I got Cost = 400, Markup = 200 (50%)
600 = 1.5x
x = 600/1.5
x = 400
check
400 + .50(400) = 600
OK
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