An electronics store purchases a certain video game from the manufacturer for $10 per unit. The store sells the game at a mark-up of 80% over the purchase price. You found a coupon, offered in the local newspaper, which will reduce the price by 10%. How much money would the store profit if you purchased the video game using the coupon? Give your answer as a decimal rounded to the nearest hundredth.
A) $6.20
B) $8.50
C) $4.40
D) $7.70
E) None of the above.

Question

Quizplus · Accepted Answer

The store sells the game for $18 (80% markup on $10). With a 10% coupon, the price is reduced to $16.20. The profit is $16.20 - $10 = $6.20.

An Electronics Store Purchases a Certain Video Game from the Manufacturer