Question

The owner of a sporting goods store buys pairs of rollerblades for $60 and marks them up 25%. Several months later, he decides o clear his inventory a Ratios, rates, proportions ANSWERED asked 2021-01-28 The owner of a sporting goods store buys pairs of rollerblades for$60 and marks them up 25%. Several months later, he decides o clear his inventory and sells each pair or rollerblades at a discount of 20%. What is the total price of a pair of these rollerblades with the discount and a 6% sales tax?

2021-01-29

The mark up price is: ​
$$60 + 0.25(60) = 60 + 15 = 75$$
Using the marked up price, the discounted price is: ​
$$75 − 0.20(75) = 75 − 15 = 60 ​$$
Using the discounted price, the total price (with the sales tax) is: ​
$$60 + 0.06(60) = 60 + 3.60 = 63.60$$