a furniture store purchased a dining room table and marked it up 150% from the original cost of $456. a week…

a furniture store purchased a dining room table and marked it up 150% from the original cost of $456. a week later, the store placed the dining room table on sale for 30% off. what was the discount price?

a furniture store purchased a dining room table and marked it up 150% from the original cost of $456. a week later, the store placed the dining room table on sale for 30% off. what was the discount price?

Answer

Explanation:

Step1: Calculate the marked - up price

The original cost is $456. A 150% markup means we find the markup amount and add it to the original cost. The markup amount is $456\times1.5 = 684$. The marked - up price is $456 + 684=456\times(1 + 1.5)=456\times2.5 = 1140$.

Step2: Calculate the discount price

The store gives a 30% discount on the marked - up price. The discount amount is $1140\times0.3 = 342$. The discount price is $1140-342 = 1140\times(1 - 0.3)=1140\times0.7 = 798$.

Answer:

$798$