Stores often mark up items each year to cover inflation. Last year, a CD at Juan's Tunes cost $12.95. This year, the cost was marked up 8%. The store also gave anyone who bought four CDs this year a 10% discount. Explain the steps to find the final cost for the four CDs this year.

Question

Mathematics

Chaz

13 September, 02:37

Stores often mark up items each year to cover inflation. Last year, a CD at Juan's Tunes cost $12.95. This year, the cost was marked up 8%. The store also gave anyone who bought four CDs this year a 10% discount. Explain the steps to find the final cost for the four CDs this year.

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Answers (2)

Know the Answer?

Josue Bradshaw · Answer 1

4*12.95*1.08-4*12.95*1.08*.10

if u buy 4

Lucy Ramsey · Answer 2

Find the amount the store marked up the CDs by.

12.95 *.08 = 1.034 which rounds to 1.04

Add that to the former price.

12.95 + 1.04 = 13.99

Multiply by 4 to see how many 4 CDs cost.

13.99 * 4 = 55.96

Multiply by. 1 to see how much the discount is.

55.96 *.1 = 5.596 which rounds to 5.60

Subtract the discount from the original price.

55.96 - 5.6 = 50.36

It costs $50.36 to buy four CDs this year.