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17 February, 10:15

A gerbil cage, priced at $18, is discounted 20% for one week, and then this price is marked up 20%. is the price back to 20% explain

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  1. 17 February, 10:18
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    No, it isn't!

    first, the discount is 20 percent of 18 dollars, that is 18/5=3.6

    this means that during the first week the prize is 18-3.6=14.4

    now, the prize is marked up 20 % of 14.4! this is 2.88

    so the prize later will be 14.4+2.88, that is 17.28, not 18

    what is relevant here is what a number is a percent OF
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