Question

During a sale, a store offered a 15% discount on a camera that originally sold for $770. After the sale, the discounted price of the camera was marked up by 15%. What was the price of the camera after the markup? Round to the nearest cent.

Answer 1

Therefore, the price of the camera after the markup is $752.68 rounded to the nearest cent.

Explanation:

During the sale, the camera was sold at a 15% discount, so the discounted price was:

$770 - (15/100)*$770 = $654.50

After the sale, the discounted price was marked up by 15%. To find the price after the markup, we need to add 15% of the discounted price to the discounted price:

Price after markup = $654.50 + (15/100)*$654.50

Price after markup = $654.50 + $98.18

Price after markup = $752.68