6
QuizMultiple Choice

Business Finance and Economics — Test

Question 6 • Advanced Financial Algebra

A toy store purchases a toy for $⁢30 and marks it up by 50% During a holiday sale, the store offers a 25% discount on the marked-up price. If 100 toys are sold during the sale, what is the total revenue?

Answer
A
4 dollars comma 500
B
3 dollars comma 375
C
3 dollars comma 750
D
3 dollars comma 000

Explanation

A 50% markup on $30 is $15, so the marked-up price is $30 + $15 = $45. A 25% discount leaves 75% of that price: $45 × 0.75 = $33.75 per toy. For 100 toys, revenue is $33.75 × 100 = $3,375, which is choice A.

AI-written and checked against the verified answer.

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