SOLUTION: The Outdoor Shop buy 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 sold at

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Question 999911: The Outdoor Shop buy 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 sold at a discount of 20% of the regular selling price. What is the regular selling price of the tents?
Do not understand how to break this down.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
The Outdoor Shop buy 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 sold at a discount of 20% of the regular selling price. What is the regular selling price of the tents?
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Cost of the tents if over 20 purchased:: 0.75*264 = 198 per tent
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Markup price 1.33333*198 = 130.66
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Discounted price = 0.80*130.66 = $104.53
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Cheers,
Stan H.
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