A convenience store purchased a magazine and marked it up 100% from the original cost of $2.30. A week later, the store placed the magazine on sale for 50% off. What was the discount price?

Answer:

$2.30

Step-by-step explanation:

The original price is $2.30 an it goes up by 100% which means another 2.30. So add 2.30 and 2.30 together you get 4.60 now divide that by two since the magazine is 50% off and you get the original price which was 2.30

The discount price would be an amount of $2.30.

The percentage is defined as a ratio expressed as a fraction of 100.

For example, If Misha obtained a score of 67% on her exam, that corresponds to 67 out of 100.

The convenience store bought a magazine for $2.30 and increased the price by 100%. A week later, the retailer reduced the price of the magazine by half.

As per the given situation, the required solution would be as:

The original price is $2.30, then it increases by 100%, or another $2.30. So add 2.30 and 2.30 to get 4.60, then split that by two because the magazine is 50% discounted to obtain the original price of 2.30.

⇒ $2.30 + $2.30

⇒ $4.60

⇒ $4.60 / 2

⇒ $2.30

Therefore, the discount price would be amount of $2.30.

Learn more about the percentages here:

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