brainslushy17
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The bike store marks up the wholesale cost of all of the bikes they sell by 30%. If the bike is discounted by 20%, how much will Andre pay (before tax)?

Respuesta :

lruiz0075

Answer:

1. Andre wants to buy a bike that has a price tag of $125. What was the wholesale cost of this bike?    $ 96.15

2. If the bike is discounted by 20%, how much will Andre pay (before tax)?  

                        $ 100

                                       I hope this helped <33 !

Parrain

The wholesale cost of the bikes was $96.15 and the price that Andre can buy it for after the discount is $100.

The cost of the bikes after the markup is $125. The markup was 30%. Assuming the wholesale price is x, the expression would be:

x + (x × 30%) = 125

x + 0.3x = 125

1.3x = 125

x = 125/1.3

x = $96.15

If Andre want to buy the bike at a discounted price of 20%, the price would be:

= Selling price x (1 - Discount rate)

= 125 x (1 - 20%)

= 125 x 0.8

= $100

In conclusion, the wholesale price was $96.15 and the amount Andre pays is $100.

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