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 titems are marked down by 20 percent. How much would two chairs cost during the sale?

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Mathematics

Punk

3 September, 03:48

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 titems are marked down by 20 percent. How much would two chairs cost during the sale?

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Rey Gill · Answer 1

Ok, this is how I tackle these problems - 1) I evaluate what's happening in the problem. Chairs are being sold at a store on sale. 2) I write the problem out in stages as shown:

36 x. 60 = 21.60 Calculate the markup of 60 percent.

36.00 + 21.60 = 57.60 Add the markup to the original price.

57.60 x. 20 = 11.52 Find the discount of 20 percent on the new price.

57.60 - 11.52 = 46.08 Subtract the discount from the new price.

46.08 x 2 = $92.16 Multiply the discounted price by 2 to find the price of 2 chairs.