A computer store buys a computer system at a cost of $465.60. The selling price was first at $776, but then the store advertised a 30% markdown on the system.Find the current sale price. Round to the nearest cent if necessary.
Accepted Solution
A:
Answer: $543.20Step-by-step explanation:Given : A computer store buys a computer system at a cost of $465.60. The first selling price = $776Markdown percent = 30%Then, the Current Selling price = first selling price - 30% ( first selling price )= 776 - 0.30 (776) [ We divide percent by 100 to convert it into decimal]= 776 (1-0.30) [Distributive property a(b+c)=ab+ac]=776(0.70) = 776 x 0.70 = $543.20 [To the nearest cent]Therefore , the current sale price = $543.20