A sports shop buys tents for $260 less 25% for buying more than 30 tents. The store operates on a markup of 30% of the sale price and advertises that all items are sold at a discount of 20% of the regular price. What is the regular price of the tents?

Answer: $253.50

Step-by-step explanation:

Markup = 30% of sale price

Store purchase price = (100% - 25%) * 260

Store purchase price = 75% * 260

Store purchase price = 0.75 * 260

Store purchase price = $195

Regular selling price = markup * purchase price

Markup = 30% of purchase price (100+30) %

Regular selling price:

1.30 * $195 = $253.50