Question

in money, do i solve the markup first or the discount first?

Answer 1

A product has a base price.
Then it is marked up to a higher price.
Then it can be discounted to a lower price.

Products marked up & then discounted are
taxed on the discounted price.

Example:
Shoes originally costs $110.00
The shoes are marked up 30%; 110.00 • 0.30 = 33.00
The shoes now cost $133.00 before taxes.
Then the shoes are discounted 40%; 133.00 •0.40 = 53.20
The shoes now cost $133.00-$53.20 = $79.80
When sold at $79.80 taxes are then applied.
If taxes were 7.5%, then:
79.80 • 0.075 ≈ $5.99; so, total discounted sold
price with taxes is $79.8 +$5.99 = $85.79

Answer 2

http://answers.yahoo.com/question/index?qid=20131028235321AAHv43s

Answer 3

Yeah basically just copied pasted my link lmao, thought it would help, good luck!

Answer 4

^^^ that

Answer 5

hehe

Answer 6

lol

Answer 7

lol thats actually my profile @iambatman

Answer 8

hahaha

Answer 9

lmao then you dont need this anymore

Answer 10

But anyways, We always markup first and then we lower the price down with the discount.

Answer 11

thnx @GirlByte :)

Answer 12

yw @XxRouge310xX Goodluck with your Math class :)