14
practice testMultiple Choice

Practice Test

Question 14 • Advanced Financial Algebra

A clothing store buys a jacket from a supplier for $⁢50 The store marks up the price by 60% and then offers a 20% discount during a sale. If the store sells 30 jackets during the sale, what is the total revenue?

Answer
A
1 dollars comma 536
B
1 dollars comma 620
C
2 dollars comma 400
D
1 dollars comma 920

Explanation

A 60% markup on the $50 cost adds $30, making the marked price $80. The 20% sale discount is $16, so each jacket sells for $64. Selling 30 jackets brings in 30 × $64 = $1,920, which is choice C.

AI-written and checked against the verified answer.

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