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QuizMultiple Choice

Markup and Markdown

Question 1 • FowU - Financial Math - B

An optical mouse originally cost $31.85. Before it was removed from the store, it underwent the following changes in price.27%Markup22%Markup25%Markdown39%Markup16%MarkdownWhat is the final price of the optical mouse? Round all dollar values to the nearest cent.

Answer
A
$46.82
B
$43.21
C
$35.33
D
$26.75

Explanation

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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