A television set which cost a dealer $375 was marked up 140%. This item was then marked down 40% for quick sale. What was the sale price?

Name: A television set which cost a dealer $375 was marked up 140%. This item was then marked down 40% for quick sale. What was the sale price?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The dealer marked up the TV by 140% of $375, which is $525. So, the new price is $375 + $525 = $900. Then, the TV was marked down by 40% of $900, which is $360. Therefore, the sale price is $900 - $360 = $540.

A Television Set Which Cost a Dealer $375 Was Marked