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Re: A jacket that usually sells for $85.00 is marked down for an end-of-se [#permalink]
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Expert Reply
A tricky question. You have to consider two things

1) the selling price + the taxes

2) the selling price at the down market + the taxes and the difference paid is 18.36

x is our down market price that we DO NOT know

Now

1)-2)=18.36

85*1.08-x*1.08=18.36

91.8-x*1.08=18.36

73.44=x*1.08

x= 73.44/1.08=68

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Re: A jacket that usually sells for $85.00 is marked down for an end-of-se [#permalink]
Carcass wrote:
A tricky question. You have to consider two things

1) the selling price + the taxes

2) the selling price at the down market + the taxes and the difference paid is 18.36

x is our down market price that we DO NOT know

Now

1)-2)=18.36

85*1.08-x*1.08=18.36

91.8-x*1.08=18.36

73.44=x*1.08

x= 73.44/1.08=68

Regards


Thanks a lot Carcass.
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