Answer: $21, 600
Step-by-step explanation:
Given:
Original cost (when the shop owner brought it) = $20,000
Profit amount = 20% of original cost
Discount rate = 10%
Solve:
First Step: Find the market price (before discount)
- $20, 000 × (1 + 20%) = $24, 000
Second Step: Find the discount price
- $24, 000 × (1 - 10%) = $21, 600
Hope this helps!! :)
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