Question 10 • FowU - Financial Math - B
Apply each price change in order, multiplying by 1.27 for a 27% markup, 1.22 for a 22% markup, 0.75 for a 25% markdown, 1.39 for a 39% markup, and 0.84 for a 16% markdown. Rounding to cents after each step gives $31.85 → $40.45 → $49.35 → $37.01 → $51.44 → $43.21. The final price is $43.21, choice B.
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