A store purchased a coffee table and makred it up for 125% from the original cost of 20 dollars. A week later, the store placed the coffee table on sale for 40%. What was the discount price?
20*1.25*0.6 = 15
So the discount price is $15
$20 x [1 + 125%] ==20 x 2.25 ==$45 - marked up price
$45 x [1 - 0.40] ==$45 x 0.60 ==$27 - the discount price of the coffee table.
