Question 4 • FowU - Financial Math - B
Undo each price change in reverse order: divide by 0.82 for the 18% markdown, divide by 1.40 for the 40% markup, divide by 0.64 for the 36% markdown, divide by 1.30 for the 30% markup, and divide by 1.22 for the 22% markup. Rounding each intermediate price to the nearest cent gives $204.62, $146.16, $228.38, $175.68, and finally $144. The original price was therefore $144, choice C.
AI-written and checked against the verified answer.