Harold works at a men’s clothing store, which marks up its retail clothing by 27%. The store purchases pants for $74.00, suit jackets for $325.00, and dress shirts for $48.00. How much will Harold charge a customer for two pairs of pants, three dress shirts, and a suit jacket?
Margo purchases bulk teas from a warehouse and marks up those prices by 20% for retail sale. When teas go unsold for more than two months, Margo marks down the retail price by 20%. She says that she is breaking even, that is, she is getting the same price for the tea that she paid for it. Is she correct? Explain.
Grady marks down some $2.49 pens to $1.99 for a week and then marks them back up to $2.49. Find the percent of increase and the percent of decrease to the nearest tenth. Are the percents of change the same for both price changes? If not, which is a greater change?
At Danielle’s clothing boutique, if an item does not sell for eight weeks, she marks it down by 15%. If it remains unsold after that, she marks it down an additional 5% each week until she can no longer make a profit. Then she donates it to charity.
Rafael wants to buy a coat originally priced $150, but he can’t afford more than $110. If Danielle paid $100 for the coat, during which week(s) could Rafael buy the coat within his budget? Justify your answer.