Question

4. What is the discount and special sale price of a pair of shoes regularly priced $120 when the store has a 33% off sale /(round to the nearest dollar)? 5.a retailer purchase a $3 toy in as a markup rate of 150%. determine the markup and the regular retail price of the toy. 6. Jody received a 30% Commission on the profit when he sells over 20 cars in a month . if he sold 23 cars in October, resulting in $15000 profit for the dealership , how much did Joe earn in commission ?7.how much would be in an account when you turn 18 if, on the day you were born, 1000 were disposed into the account which returned 6% simple interest, and no longer disposes or withdrawals were made ?

Answer 1

Let's begin by identifying key information given to us:

Shoe Price = $120

Discount rate = 33% = 0.33

The Discount price of the shoe is calculated below:

$\begin{gathered} DiscountPrice=ShoePrice-(ShoePrice\cdot DiscountRate) \\ DiscountPrice=120-\lbrack120\cdot(0.33)\rbrack=120-39.6 \\ DiscountPrice=80.40 \end{gathered}$

Therefore, the discount price is $80.40