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Please help!! markup and markdown word problems.

1. Andrew paid $10 for a burger. The burgers went on a sale and there was a discount of 20%. What was the sale price of the burgers?

2. Abby Matthews, store manager for Macy’s, does not know how to price a refrigerator that cost $900. She knows her boss wants a %140 mark up on the cost. Help Abby markup the cost of refrigerator.


Sagot :

Answer:

12, 1260

Step-by-step explanation:

Andrew paid $10 for a burger. The burger had a discount of 20%. This means that the $10 is 80% of the original price.

100% - 80% = 20%

To find the original price, you can multiply by 120%

10 * 120% = 12

Abby Matthews needs to mark up a refrigerator that costs $900 to 140% of the original price. To do this, you can directly multiply.

900 * 140% = 1260