SOLUTION: At the beginning of June, a store bought a coffee table and priced it at $80. By the end of the month, the table had not sold, so the store marked it down 25%. Belle then sold the
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-> SOLUTION: At the beginning of June, a store bought a coffee table and priced it at $80. By the end of the month, the table had not sold, so the store marked it down 25%. Belle then sold the
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Question 993389: At the beginning of June, a store bought a coffee table and priced it at $80. By the end of the month, the table had not sold, so the store marked it down 25%. Belle then sold the table, earning a commission of 20% of the sale price. How much commission did she make from the sale? Answer by macston(5194) (Show Source):
You can put this solution on YOUR website! P=original price=$80
If the price was marked down 25%, it was 75% of the original=0.75P
.
Commission=(0.20)(0.75P)=0.15P=0.15($80)=$12
.
ANSWER: She made $12 commission.
