A store is selling a black pair of shoes for $79.45 and a brown pair of shoes for $133.99. The black pair of shoes is marked up by 44%, and the brown pair of shoes is marked down by 21%. Which pair of shoes is more expensive, and how much more expensive is it? Round all dollar values to the nearest cent.
Answer
A
The black pair costs $6.82 more than the brown pair.
B
The black pair costs $8.56 more than the brown pair.
C
The brown pair costs $9.72 more than the black pair.
D
The brown pair costs $12.54 more than the black pair.
Explanation
The black shoes are marked up by 44%, so their price is $79.45 × 1.44 = $114.41 when rounded to the nearest cent. The brown shoes are marked down by 21%, so their price is $133.99 × 0.79 = $105.85. The black pair costs $114.41 − $105.85 = $8.56 more, matching the choice that says the black pair costs $8.56 more than the brown pair.
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