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A store's cost for a stereo was $27. The markup was 75%. A customer purchased it on sale at 40% off the marked up price. What was the purchase price of the stereo?


steps pls!

Respuesta :

1. Find the markup price

100%+75%= 175%=1.75
27(1.75)= 47.25

2. Find the price after the discount
100%-40%=60%=0.6
47.25(0.6)=$28.35

The purchase price of the stereo is $28.35.

Hope this helps!

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