Answer:
The final price of the coat after it is marked up is $68.48
Step-by-step explanation:
As the price of the coat is $ 85.60 but it is marked with 20%, this means that on the initial price a 20% discount is applied on the coat, so first you must take out 20% of the price and then discount it from the initial price , to know the final price.
1. Find the 20% of the original price:
[tex]85.60*\frac{20}{100}=17.12[/tex]
2. Subtract the 20% obtained from the original price to find the final price of the coat:
[tex]85.60-17.12=68.48[/tex]
Therefore the final price of the coat after it is marked up is $68.48
