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MI3
- Senior | Next Rank: 100 Posts
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- Joined: Sat Feb 26, 2011 11:22 am
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Hello,
Can someone please assist in solving the below problem:
The manufacturer's suggested retail price (MSRP) of a certain item is $60. Store A sells the item for 20 percent more than the MSRP. The regular price of the item at Store B is 30 percent more than the MSRP, but the item is currently on sale for 10 percent less than the regular price. If sales tax is 5 percent of the purchase price at both stores, what is the result when the total cost of the item at Store B is subtracted from the total cost of the item at Store A?
A. $0
B. $0.63
C. $1.80
D. $1.89
E. $2.10
Many Thanks..[/spoiler]
Can someone please assist in solving the below problem:
The manufacturer's suggested retail price (MSRP) of a certain item is $60. Store A sells the item for 20 percent more than the MSRP. The regular price of the item at Store B is 30 percent more than the MSRP, but the item is currently on sale for 10 percent less than the regular price. If sales tax is 5 percent of the purchase price at both stores, what is the result when the total cost of the item at Store B is subtracted from the total cost of the item at Store A?
A. $0
B. $0.63
C. $1.80
D. $1.89
E. $2.10
Many Thanks..[/spoiler]
