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 Question from joe: I have a product that cost $300.00 I want a 25% markup and give a 15% discount but keep 25% markup. 300 + 25% = 375 300 + 40% = 420 420 - 15% = 357 what am i doing wrong???? Joe, To get the price after a 25% markup you multiply$300 by 1.25 which gives $300 × 1.25 =$375. You want to know what price you should charge so that a 15% decrease on that price gives $375, that is 85% of the sticker price should be$375. Suppose the sticker price is $p then 0.85 ×$p = $375 or$p = $375/0.85 =$441.18.

441.18/300 = 1.4706 so the lets round off and say the initial markup is 47%. This gives

$300 × 1.47 =$441 as the sticker price.

A discount of 15% gives the sale price as

0.85 × $441 =$374.85.

Harley

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