Question 230164
If a peddler marks up his $12 ball caps 80% and then puts them on sale for 20% off, what will you have to pay for a cap if tax is added at 7%?
---------------
Does he sell them for $12?  Or buy them for $12?
Assuming you mean he buys them for $12:
He adds 80% --> $12*1.8 = $21.60
20% off of that --> $21.60*0.8 = $17.28
Add 7% for tax --> $17.28*1.07 = $18.49