The wholesale cost of a sofa is $520. based on selling price, the original markup was 69%. find the final sale price after the following series of price changes occurred: a markdown of 13%, a markup of 30%, and a second markdown of 36%. round each intermediate selling price to the nearest cent.

$1214.19

Step-by-step explanation:

Let c and p represent the cost of the sofa and the original selling price, respectively. The original markup was 0.69·p, so we have ...

c + 0.69p = p . . . . . based on selling price, the original markup was 69%

c = p(1 -0.69) = 0.31p . . . . subtract the markup

p = c/0.31 . . . . . . . . . . . . . divide by the coefficient of c

So, the original selling price was ...

520/0.31 ≈ 1677.42

The first markdown decreased the selling price to ...

1677.42 - 0.13·1677.42 = 0.87·1677.42 ≈ 1459.36

The markup increased the selling price to ...

1459.36 +0.30·1459.36 ≈ 1897.17

And the final markdown decreased the selling price to ...

1897.17 -0.36·1897.17 ≈ 1214.19

The final sale price was $1214.19.

use the power rule  

( a b ) n = a n b n

to distribute the exponent.

apply the product rule to  

3 x 2 y 3 . ( 3 x 2 ) 2 ( y 3 ) 2

apply the product rule to  

3 x 2 . 3 2 ( x 2 ) 2 ( y 3 ) 2

raise  

3

to the power of  

2 . 9 ( x 2 ) 2 ( y 3 ) 2 multiply the exponents in   ( x 2 ) 2

.

apply the power rule and multiply exponents,  

( a m ) n = a m n . 9 x 2 ⋅ 2 ( y 3 ) 2

multiply  

2   by   2 . 9 x 4 ( y 3 ) 2

multiply the exponents in  

( y 3 ) 2 .

apply the power rule and multiply exponents,  

( a m ) n = a m n . 9 x 4 y 3

⋅

2

multiply  

3   by   2 . 9 x 4 y 6

step-by-step explanation: