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ivanzaharov
1 month ago
10

A department store purchases logo shirts at a cost of $10 per shirt. They increase the price 100% and put them on the sales floo

r. Every month that a shirt doesn’t sell, the store reduces the selling price by 25%. After three monthly reductions, the final shirt from the shipment is sold. There is a 5% sales tax on the selling price. Explain the steps for finding the final cost to the customer for that shirt?
Mathematics
2 answers:
Inessa [12.5K]1 month ago
7 0

The initial selling price is determined by multiplying 100% with $10, then adding that to the original $10. The logo shirt is priced at $20 on the sales floor. In the following three months, the sale price is recalculated by taking 75% of the current sale price. To calculate the tax, multiply the final sale price by 5% and add it to the discounted price.

lawyer [12.5K]1 month ago
5 0

Answer:

Sample response: The initial selling price is calculated by multiplying 100% with $10 and adding it to the original $10. The logo shirt is available for $20. Over the next three months, the selling price decreases by 25% each month, found by multiplying the current sale price by 75%. The 5% sales tax is then calculated on the final discounted price and added to that price.

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