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?

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> 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?      Log On


   



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) About Me  (Show Source):
You can put this solution on YOUR website!
Price at store just marked-up: 44.50%2B44.5%280.65%29;
Reduction by 10%: 0.90%2844.50%2B44.5%280.65%29%29;
Might not be technically correct, but the 2% tax may be applied to the regular store price: %280.90%2844.50%2B44.5%280.65%29%29%29%2B0.02%2844.50%2B44.5%280.65%29%29

A way to make the decimal numbers seem neater is to use the markup as 1.65 factor.
highlight%280.90%281.65%29%2844.5%29%2B0.02%281.65%29%2844.50%29%29
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That could be managed more neatly still using the distributive property:
highlight%28%281.65%29%2844.50%29%280.90%2B0.02%29%29