Question

1) Mrs. Clason wants to buy a wireless speaker for her husband. She has narrowed down her choice to two stores:

• Kohls is selling the speaker for $60.00. Mrs. Clason has a Friends and Family discount coupon for 30% off.

• Target purchased the speaker for $38.00 and marked it up by 35% to sell in the store

2) How much would Mrs. Clason be paying for the speaker at Kohl’s? Show your work!

3) Which store would Mrs. Clason get the best deal and by how much is it better? Show

How much would Mrs. Clason pay for this speaker at Target? Show your work

Answer 1

Kohl = $42

Target = $51.30

Best deal is at Kohl's

Explanation:

Given ;

At Kohl's:

Selling price = $60

Friend's and family discount = 30% off

(100 - 30)% * $60

0.7 * 60 = $42

At target :

Purchase price = $38

Markup = 35%

Selling price = (100 + 35)% * $38 = 1.35 * 38 = $51.3

Mrs. Clason will get the best deal at Kohl's.