ddaeeric

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?

firmablogF

Skilled2021-01-29Added 92 answers

The price after markup is:

$\$60+0.25(\$60)=\$60+\$15=\$75$

The marked-down pricing is as follows using the marked-up price:

$\$75-0.20(\$75)=\$75-\$15=\$60$

Using the discounted pricing, the final cost (including sales tax) is as follows:

$\$60+0.06(\$60)=\$60+\$3.60=\$63.60$