during a clearance sale, clothing was 20% below cost. a dress was Sold for $288.
(a) calculate the cost price
(b) find the net loss
Answers
Answer:
Correct answer:
Correct answer:$329.00
Correct answer:$329.00Explanation:
Correct answer:$329.00Explanation:To reconstruct an original price from a sale price, use:
Correct answer:$329.00Explanation:To reconstruct an original price from a sale price, use:Original Price – Original Price * Mark-down-percent = Sale Price, or
Correct answer:$329.00Explanation:To reconstruct an original price from a sale price, use:Original Price – Original Price * Mark-down-percent = Sale Price, orOriginal Price * (1 - Mark-down-percent) = Sale Price
Correct answer:$329.00Explanation:To reconstruct an original price from a sale price, use:Original Price – Original Price * Mark-down-percent = Sale Price, orOriginal Price * (1 - Mark-down-percent) = Sale PriceTo do a double mark-down problem, we must do this twice. For the 10%:
Correct answer:$329.00Explanation:To reconstruct an original price from a sale price, use:Original Price – Original Price * Mark-down-percent = Sale Price, orOriginal Price * (1 - Mark-down-percent) = Sale PriceTo do a double mark-down problem, we must do this twice. For the 10%:Original Sale Price * (1 – 10%) = $207.27
Correct answer:$329.00Explanation:To reconstruct an original price from a sale price, use:Original Price – Original Price * Mark-down-percent = Sale Price, orOriginal Price * (1 - Mark-down-percent) = Sale PriceTo do a double mark-down problem, we must do this twice. For the 10%:Original Sale Price * (1 – 10%) = $207.27Original Sale Price = $207.27/0.9 = $230.30.
Correct answer:$329.00Explanation:To reconstruct an original price from a sale price, use:Original Price – Original Price * Mark-down-percent = Sale Price, orOriginal Price * (1 - Mark-down-percent) = Sale PriceTo do a double mark-down problem, we must do this twice. For the 10%:Original Sale Price * (1 – 10%) = $207.27Original Sale Price = $207.27/0.9 = $230.30.For the pre-all-discount price,
Correct answer:$329.00Explanation:To reconstruct an original price from a sale price, use:Original Price – Original Price * Mark-down-percent = Sale Price, orOriginal Price * (1 - Mark-down-percent) = Sale PriceTo do a double mark-down problem, we must do this twice. For the 10%:Original Sale Price * (1 – 10%) = $207.27Original Sale Price = $207.27/0.9 = $230.30.For the pre-all-discount price,Original Price * (1 – 30%) = $230.30
Correct answer:$329.00Explanation:To reconstruct an original price from a sale price, use:Original Price – Original Price * Mark-down-percent = Sale Price, orOriginal Price * (1 - Mark-down-percent) = Sale PriceTo do a double mark-down problem, we must do this twice. For the 10%:Original Sale Price * (1 – 10%) = $207.27Original Sale Price = $207.27/0.9 = $230.30.For the pre-all-discount price,Original Price * (1 – 30%) = $230.30Original Price = $230.30/0.7 = $329.00.
Step-by-step explanation:
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Answer:
Now, given that marked price of the shirt is ₹ 300, the person bought it at 20% discount. This means he paid 300 - (20% of 300) to buy the shirt.
=> 300 - (0.2*300)
=> 300 - 60 = ₹ 240 -> cost price of shirt.
In order to sell the shirt at 20% profit, he needs to add 20% of cost price to itself.
Remember that profit or loss is always calculated on cost price, and not on the marked price.
=> 240 + (20% of 240)
=> 240 + (0.2*240)
=> 240 + 48
=> ₹ 288
Therefore, the person needs to sell the shirt at ₹ 288 in order to make a 20% profit on it.