The owner of a gift shop purchases china figurines at a wholesale price of $3.80 each. The owner then displays each figurine in his shop with a sale price that is 75% higher than the wholesale price.

After a period of time the shop owner decides to place the figurines on sale for off their displayed price. To the nearest cent, what will be the new price for each figurine, after the discount?

Question

The owner of a gift shop purchases china figurines at a wholesale price of $3.80 each. The owner then displays each figurine in his shop with a sale price that is 75% higher than the wholesale price.

After a period of time the shop owner decides to place the figurines on sale for  off their displayed price. To the nearest cent, what will be the new price for each figurine, after the discount?

anonymous · Answer

I don't know if I missed something, but the way I'm reading this, it says "on sale for off their displayed price". How much off is it, or do you not know...

anonymous · Answer

I dont know here is the question

anonymous · Answer

attachment

anonymous · Answer

1/5 off

anonymous · Answer

Alright. So, we'd start off finding how much he originally puts them on sale for. He bought them for 3.80, but priced it at 75% more. This would be 175% or 1.75 times as much as 3.80. So if you multiplied $3.80 times 1.75, you would get how much he puts them on sale for originally. Then he takes them 1/5 off, or 20% off. So you take the sale price, and multiply it times 80% or .8. Condensed version:
$3.80*1.75*.8

anonymous · Answer

Thank you again!!!!!

anonymous · Answer

No problem!

anonymous · Answer

Do you mind helping with another question ??