Problema Solution

an electronics store purchases a video game from the manufacturer, but the original purchase price is lost. The store sells the game at a mark-up for 120% over the purchase price. A coupon offers 20% off. the profit made was 5.76. what was the original purchase price of the game

Answer provided by our tutors

an electronics store purchases a video game from the manufacturer, but the original purchase price is lost. The store sells the game at a mark-up for 120% over the purchase price. A coupon offers 20% off. the profit made was 5.76. what was the original purchase price of the game

Solution:

The original purchase price of the game is x

So

120%(1-20%)=5.76

x = 6

So the original purchase price of the game is $6