A retailer marks up the price of a product by 25% and then offers a discount of

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What’s inside this PDF?

Question: A retailer marks up the price of a product by 25% and then offers a discount of 10%. If the cost price is $80, what is the final selling price?

Options:

$90
$92
$95
$100

Correct Answer: $92

Solution:

Marked Price = Cost Price + 25% of Cost Price = 80 + 20 = $100. Discount = 10% of 100 = $10. Selling Price = 100 - 10 = $90.

A retailer marks up the price of a product by 25% and then offers a discount of

Practice Questions

A retailer marks up the price of a product by 25% and then offers a discount of 10%. If the cost price is $80, what is the final selling price?

$90
$92
$95
$100

Questions & Step-by-Step Solutions

A retailer marks up the price of a product by 25% and then offers a discount of 10%. If the cost price is $80, what is the final selling price?

Step 1: Identify the cost price of the product, which is $80.
Step 2: Calculate the markup amount by finding 25% of the cost price. 25% of $80 is $20.
Step 3: Add the markup amount to the cost price to find the marked price. $80 + $20 = $100.
Step 4: Calculate the discount amount by finding 10% of the marked price. 10% of $100 is $10.
Step 5: Subtract the discount amount from the marked price to find the final selling price. $100 - $10 = $90.

Markup and Discount Calculation – Understanding how to calculate the marked price by applying a markup percentage to the cost price, and then applying a discount percentage to the marked price to find the final selling price.

A retailer marks up the price of a product by 25% and then offers a discount of

What’s inside this PDF?

A retailer marks up the price of a product by 25% and then offers a discount of

Practice Questions

Questions & Step-by-Step Solutions

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