The price of a suit is $200 and is increased by 25%. The merchant was unable to sell it, so it was discounted by 12%. What is the final selling price?
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Answer:$220
Step-by-step explanation:
Initial price of suit =$200
Price of suit after 25% increament =$200 + 25/100×$200
=$200+$50
=$250.
Final price of suit after 12% discount
= $250-12/100×$250
=$250-$30
=$220.
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