Answer:
(a) $208
(b) $224.
Step-by-step explanation:
A TV can be purchased from the manufacturer for $160. An online retailer sells the same TV with a 30% markup from the manufacturer’s price, and a superstore sells the same TV for a 40% markup from the manufacturer’s price.
(a) Therefore, the price of the TV when purchased online will be
[tex]160(1 + \frac{30}{100}) = 208[/tex] dollars (Answer)
(b) And the price of the same TV when purchased at the superstore will be
[tex]160(1 + \frac{40}{100}) = 224[/tex] dollars (Answer)