Question

At the beginning of March, a store bought a fancy watch at a cost of $250 and marked it up 20%. At the end of the month, the fancy watch had not sold, so the store marked it down 10%. What was the discounted price?

Answer 1

$270

Explanation:

Price after markup was 1.20($250) = $300

Price after discounting: (1.00 - 0.10)($300) = $270