2. Brandon resells sneakers. He bought a vintage pair of sneakers for $3,000. He marked it up 40% to sell online. Then, he decided to give the buyer a 30% discount. What was the final price of the sneakers?​

Respuesta :

Answer:

2940

Step-by-step explanation:

Answer: $2,940 is the final price of the sneakers

Step-by-step explanation:

Breaking it down into steps makes this problem more simple

1) calcuate the mark up: original price × (markup % / 100) = $1,200

2) selling price before discont:  add the markup to the original price.

Selling Price before Discount=Original Price+MarkupSelling Price before Discount=Original Price+Markup= $4.200

3) Discount: Subtract the discount percentage from 100% to get the discount factor. Then, multiply the selling price before discount by the discount factor.

Discount Factor=1−(Discount Percentage/100)

Discount Factor=1−(30/100)

Discount Factor=0.7

Final Price=Selling Price before Discount × Discount Factor

=$2,940