The price tag of a T-shirt is worth ₱350.00. It has a mark down of 15% because of a 1-day sale. After the 1-day sale, the price of the T-shirt will return to its original price. What is the percent increase needed to revert back to its original price?
Note: Please answer with solution.
Note: Please answer with solution.
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Answer:
20.40
Step-by-step explanation:
0% off means that the new price of the skirt will be 80% of the original price:
$30(100% – 20%) = $30(80%)
Converting the percent to a decimal gives:
$30(0.8) = $24.00
There is an additional 15% off the sale price of $24.00, so the final price is 85% of the sale price:
$24(100% – 15%) = $24(85%)
Again converting the percent to a decimal gives:
$24(0.85) = $20.40