Kitchen chairs are purchased wholesale for $36 by a discount furniture store. Then, the store marks up the chairs by 60 percent. The store has a special sale where all items are marked down by 20 percent. How much would two chairs cost during the sale?

Respuesta :

starts at 36....marks up by 60%
36 + 0.60(36) = 36 + 21.60 = 57.60
now they mark it down by 20%
57.60 - 0.20(57.60) = 57.60 - 11.52 = 46.08

46.08 * 2 = 92.16

As a result of the sale, two chairs can be purchased at the discounted price of $92.16.

After the store bought the chairs for $36, they gave it a markup of 60%. The new price is:

= Cost of chair + Markup

= 36 + (60% x 36)

= $57.60

They then reduced this price by 20%:

= Marked up price - Discount

= 57.60 - (20% x 57.60)

= $46.08

Two chairs are to be bought:

= 46.08 x 2

= $92.16

In conclusion, two chairs would cost $92.16

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