Arrow Manufacturing offers discounts of 29%, 15.5%, 8% on a line of products
Arrow Manufacturing offers discounts of 29%, 15.5%, 8% on a line of products. For how much should an item be listed if it is to be sold for $236.627.
The item should be listed for $ _______
Homework Answers
| Solution : | ||||||||
| Let X be the listing price | ||||||||
| Sale price | = | list price (1- Discount%) (1- Discount %) (1-Discount %) | ||||||
| 236.62 | = | X (1-0.29) (1-0.155) (1-0.08) | ||||||
| 236.62 | = | X | 0.551954 | |||||
| X | = | (236.62/0.551954) | ||||||
| X | = | 428.6951 | ||||||
| Listing Price | = | 428.6951 | ||||||
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