The bike store marks up the wholesale cost of all of the bikes they sell by 30%.
andre wants to buy a bike that has a wholesale cost of $96.15. how much will he pay for this bike?

if the bike is discounted by 20%, how much will andre pay (before tax)?

A ) The money which Andre pay for the bike is $ 67.30

B ) The money which Andre pay for the bike is $ 76.92

Step-by-step explanation:

Given as :

The wholesale cost or market price of the bike = m.p = $ 96.15

A ) The discount percentage = 30 %

Let The selling price of the bike after discount = s.p

Now ,

Discount % =

or, 30 % = 1 -

or, = 1 -

Or, = 1 -  

or,   =  

Or,   =  

Or, s. p = × 96.15

∴  s.p = $ 67.305

So, He will pay $ 67.30

Hence The money which Andre pay for the bike is $ 67.30  . Answer

B ) If the bike is discounted by 20 % , let The selling price = s.p'

So,

Discount % =

or, 20 % = 1 -

or, = 1 -

Or, = 1 -  

or,   =  

Or,   =  

Or, s. p' = × 96.15

∴  s.p' = $ 76.92

So, He will pay $ 76.92

Hence The money which Andre pay for the bike is $ 76.92  . Answer

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