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A department store sells logo shirts at an original price of $20. Every month that a shirt doesn’t sell, the store reduces the selling price by 25%. Store employees get a 50% discount off the current price. Macy works at the store and sees the shirts going into the second markdown month. What will the pre-tax price of the shirt be for Macy?

Verified Answer :

meerkat18

Given:
Original price = 20
reduces selling price by 25% every month it's not sold.

First markdown month:
20 (100%-25%) = 20 75% = 15

Second markdown month
15 75% = 11.25

Macy, employee gets a 50% discount off the current price.
11.25 50% = 5.625
11.25 - 5.625 = 5.625 or 5.63

The pre-tax price of the shirt for Macy will be $5.63

Answer:

Given:

Original price = 20

reduces selling price by 25% every month it's not sold.

First markdown month:

20 (100%-25%) = 20 75% = 15

Second markdown month

15 75% = 11.25

Macy, employee gets a 50% discount off the current price.

11.25 50% = 5.625

11.25 - 5.625 = 5.625 or 5.63

The pre-tax price of the shirt for Macy will be $5.63

Step-by-step explanation:

taking the assignment this is the answer