Multiple choice

A crockery shop owner bought 18 mealtime sets, each costing him $25. The marked price of each set was 80% above the cost price. He sold 13 mealtimes sets at the marked price, and each of the remaining sets at a discount of 20% on the marked price. What was the discounted price of each mealtime set, in dollars?

  1. 5

  2. 9

  3. 20

  4. 36
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Cost price = 25. Marked price = 25 * 1.8 = 45. Discounted price = 45 * (1 - 0.20) = 45 * 0.8 = 36.

AI explanation

The cost price of each set is \$25. The marked price is 80% above the cost price, calculated as 25 plus 0.80 multiplied by 25, yielding \$45. The discounted price is 20% off the marked price, calculated as 45 minus 0.20 multiplied by 45, resulting in $36.

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