Question

Pep Boys Automotive paid $208.50 for a pickup truck bedliner. The original selling price was $291.90, but this was marked down 25%. If operating expenses are 28% of the cost, find the operating loss

Answer 1

Given:

Pep Boys Automotive paid $208.50 for a pickup truck Bedliner.

The original selling price was $291.90, but this was marked down 25%.l

If operating expenses are 28% of the cost,

The operating loss as,

$\begin{gathered} 208.5\times28\text{ \% }=208.5\times\frac{28}{100} \\ =208.5\times0.28 \\ =58.38 \end{gathered}$

Hence, the required answer is $58.38.