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