a clothing store buys a jacket from a supplier for $50. the store marks up the price by 60% and then offers…

a clothing store buys a jacket from a supplier for $50. the store marks up the price by 60% and then offers a 20% discount during a sale. if the store sells 30 jackets during the sale, what is the total revenue? $1,920 $1,536 $2,400 $1,620

a clothing store buys a jacket from a supplier for $50. the store marks up the price by 60% and then offers a 20% discount during a sale. if the store sells 30 jackets during the sale, what is the total revenue? $1,920 $1,536 $2,400 $1,620

Answer

Explanation:

Step1: Calculate the marked - up price

The cost of each jacket is $50. The store marks up the price by 60%. The marked - up price of each jacket is $50\times(1 + 60%)=50\times1.6 = 80$.

Step2: Calculate the discounted price

The store then offers a 20% discount on the marked - up price. The selling price of each jacket is $80\times(1 - 20%)=80\times0.8 = 64$.

Step3: Calculate the total revenue

The store sells 30 jackets. The total revenue is $64\times30=1920$.

Answer:

$1,920