Question

A shopkeeper marks his goods at 40% above cost (the price he pays for the goods) and then offers a 25% discount. If a jacket costs the shoe keeper $200, at what price is it sold

Answer 1

200(1.4)(.75)=$210.00

Answer 2

200 + 40 % = 200*1.4 = $280.00
280 - 25% = 280 * .75 = $ 210.00