Henry is looking for the best deal on an electric stove that has a wholesale price of
$699
. Help him compare the price of the electric stove at two different stores by completing the following.
Henry goes to a superstore that marks up the electric stove's wholesale price
30%
. Ignoring tax, how much would he pay for the electric stove at this store?
$
Henry then looks at the electric stove in a department store that marks up the electric stove's wholesale price
40%
. But because of a customer loyalty program, he would receive a
10%
discount off the in-store price. Ignoring tax, how much would he pay for the electric stove at this store?
$
Select the true statement.
Henry would pay more for the electric stove at the department store after the discount than at the superstore with a 30% markup.
Henry would pay $908.70 for the electric stove at the superstore.
Henry would pay $964.20 for the electric stove at the department store.
The true statement is: Henry would pay less for the electric stove at the superstore compared to the department store.