What is the final amount if 1584 is decreased by 18% followed by a 19% increase?
Give your answer rounded to 2 DP.

Step-by-step explanation:

step 1

if 1,584 is decreased by 18%

we know that

Multiply the number by 0.82

step 2

The number 1,298.88 is increased by a 19%

we know that

Multiply the number by 1.19

wholesale price is the initial price before markup. retail price comes after the markup.

a price of 8 bucks that's marked up by 100%   is

formula: initial price + (percent markup in fraction/decimal)(initial price)

8+(1)(8)

8+8

16

retail price is $16.