Retailers often raise the price of their products at a certain percentage and then mark them down at a different percenatge, just so that the sale price appears better than it actually is. Suppose a retailer raises the price of an item by 20% and then puts the item on sale for 30%. If the final price after both changes is $15.12, what was the original price before both changes? What was the actually percantage that was taken off after both changes?

Retailers often raise the price of their products at a certain percentage and then mark them down at a different percenatge, just so that the sale price appears better than it actually is. Suppose a retailer raises the price of an item by 20% and then puts the item on sale for 30%. If the final price after both changes is $15.12, what was the original price before both changes? What was the actually percantage that was taken off after both changes?

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

Retailers often raise the price of their products at a certain percentage and then mark
them down at a different percenatge, just so that the sale price appears better than it
actually is. Suppose a retailer raises the price of an item by 20% and then puts the
item on sale for 30%. If the final price after both changes is $15.12, what was the
original price before both changes? What was the actually percantage that was taken off
after both changes?

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