Solved

A Discount Furniture Store Bought a Waterbed at the Wholesale

Question 67

Short Answer

A discount furniture store bought a waterbed at the wholesale price of $665. The "regular price" of the waterbed is set so that, in a "20% off" sale, the rate of markup on selling price is 30%.
a) What is the price of the waterbed in a "20% off" sale?
b) What is the "regular price" of the waterbed?

Correct Answer:

verifed

Verified

a) $950.00...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents