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Question

During a sale, a store offered a 20% discount on a camera that originally sold for $370. After the sale, the discounted price of the camera was marked up by 20%. What was the price of the camera after the markup? Round to the nearest cent.

Answer

$355.20

  • Q:What was the discounted price of the camera? A:The discount is 20%, so we need to find 80% of the original price. 80% of $370 is $296.
  • Q:What is the price after the markup? A:To calculate the markup, we need to find 20% of $296. 20% of $296 is $59.20, so the new price after the markup is $296 + $59.20 = $355.20.