Q:

Joseph wants to buy a new tennisracquet which costs $200 from thefactory. The sports shop marks up theprice by 60%. Joseph bought theracquet when the shop had a 25% offsale. How much profitdid the shop make?

Accepted Solution

A:
Answer:The shop made a profit about $40.Step-by-step explanation:Now, According to the question We know that :The shop marked the $200 price up by 60%.60% of $200 is = $120. Now, the price  is = $320 because, 200 + 120 = 320. Joseph bought the tennis racket at 25% off.25% of $320  is = $80.Now, the discount price is = $240 Because, 320 - 80 = 240.So, Joseph bought the racket for = $240.Now we know that the original price from the factory was $200.Joseph bought it for $240.So, the shop made a profit of $40.