crishinedale crishinedale
  • 11-06-2021
  • Mathematics
contestada

A $100 MP3 player is marked up by 10% and then marked down by 10%. What is that final price?

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rachka103
rachka103 rachka103
  • 11-06-2021

Answer:

$99

Step-by-step explanation:

MP3 Player: $100

10% Mark up: $100/10= 10

Therefore, Mark-Up Price: $100+$10= $110

This was then Marked down by 10%.

Therefore,

10% Marked down: $110/10= $11

(We then take this away from the marked up price)

Hence, Final Price : $110-$11= $99

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