A store buys calculators for $5 and sells them at a markup of 350%. One day, they decide to put the calculators on sale and mark them down by 30%. What is the sale price of a calculator? $22. 50 $17. 50 $15. 75 $12. 25.

Respuesta :

Answer:

$12.25

Step-by-step explanation:

Part = (percent) whole

x = (3.5) 5

x = $17.5   <------- regular price

x = (.7) 17.5

x = $12.25     <--------- marked down price

Percentage is a way to describe a part of a whole. The sale price of the calculator whose original price was $5 is $12.25.

What is Percentage?

A percentage is a way to describe a part of a whole. such as the fraction 1/4 can be described as 0.25 which is equal to 25%.

To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.

We know that the original price of the calculator is $5, and when the price of the calculator is marked it is 350% of the original value. therefore, the marked up price of the calculator can be given as,

[tex]350\% of\ \$ 5 \\\\= \dfrac{350}{100}\times 5\\\\= \$17.5[/tex]

Thus, the marked-up price of the calculator is $17.5.

Now, as the store gives a 30% discount on the marked-up value of the calculator, therefore, the price of the calculator will be 70% of the marked up price of the calculator,

[tex]70\% of\ \$ 17.5 \\\\= \dfrac{70}{100}\times 17.5\\\\= \$12.25[/tex]

Hence, the sale price of the calculator whose original price was $5 is $12.25.

Learn more about Percentage:

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