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Cost for a belt: $8. Markup rate is 50% discount rate is 30%. Find the retail price and sale price

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Answer to a math question Cost for a belt: $8. Markup rate is 50% discount rate is 30%. Find the retail price and sale price

Expert avatar
Seamus
4.9
92 Answers
1. Calculate the markup based on the cost:

\text{Markup} = 8 \times 0.50 = 4

2. Add the markup to the cost to find the retail price:

\text{Retail Price} = 8 + 4 = 12

3. Calculate the discount based on the retail price:

\text{Discount} = 12 \times 0.30 = 3.6

4. Subtract the discount from the retail price to find the sale price:

\text{Sale Price} = 12 - 3.6 = 8.4

The retail price is 12 and the sale price is 8.4 .

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