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qid 679 · business
Question: BaskowToys Wholesalers is offering Albee Stores the new Captain Kirk doll at 25-20% off the retail price. If Albee Stores is buying each doll for $2.10, for what will it sell the dolls, i.e., what is the retail price?
- $3.50
- $7.00
- $6.00
- $4.50
- $4.00
- $5.00
- $2.50
- $3.00
- $5.50
- $2.80
Our answer: A. $3.50 Source quote machine-checked (exact quote)
How it was answered
Stored formula / worked method, replayed by code
Current source
eCampusOntario, "4.1 Discounts" - Fundamentals of Business Math
https://ecampusontario.pressbooks.pub/fundamentalsofbusinessmath/chapter/section-4-1-discounts/
“It is the the Manufacturer's Suggested Retail Price (MSRP - a price for a product that has been published or advertised in some way), or any dollar amount before you remove the discount.”
Source quote machine-checked (exact quote)
Earlier version (superseded)
No public source has been found for this card yet (3 places checked internally).
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