Question

During a sale, a store offered a 30% discount on a bed that originally sold for $580 After the sale, the discounted price of the bed was marked up by 30%. What was the price of the bed after the markup ? Round to the nearest cent .

Answer 1

The price of the bed after the markup is $527.80.

The given parameters:

• Discount = 30%
• Price of the bed, = $580
• Markup = 30%

The price of the bed after the discount of 30% is calculated as follows;

P = $580 - 0.3($580)

P = $406

The price of the bed after the markup is calculated as follows;

P = $406 + 0.3(406)

P = $527.8

Thus, the price of the bed after the markup is $527.80.

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