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The manufacturer’s suggested retail price (MSRP) of a certain item is $60. Store A sells the item for 20
percent more than the MSRP. The regular price of the item at Store B is 30 percent more than the MSRP, but
the item is currently on sale for 10 percent less than the regular price. If sales tax is 5 percent of the
purchase price at both stores, what is the result when the total cost of the item at Store B is subtracted from
the total cost of the item at Store A?
  • a)
    $0
  • b)
    $0.63
  • c)
    $1.80
  • d)
    $1.89
  • e)
    $2.10
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
The manufacturer’s suggested retail price (MSRP) of a certain it...
First, determine the total cost of the item at each store. 
Store A: 
 $60 (MSRP) 

Store B: 
 $60 (MSRP) 

 
The difference in total cost, subtracting the Store B cost from the Store A cost, is thus $75.60 - $73.71 = $1.89. 
The correct answer is D.
 
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Most Upvoted Answer
The manufacturer’s suggested retail price (MSRP) of a certain it...
Of a product refers to the company or entity that produces or creates the product. The manufacturer is responsible for designing, producing, and distributing the product to consumers. They may also be involved in the marketing and advertising of the product. The manufacturer is typically the owner of the product's intellectual property rights and is legally responsible for the quality and safety of the product.
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The manufacturer’s suggested retail price (MSRP) of a certain item is $60. Store A sells the item for 20percent more than the MSRP. The regular price of the item at Store B is 30 percent more than the MSRP, butthe item is currently on sale for 10 percent less than the regular price. If sales tax is 5 percent of thepurchase price at both stores, what is the result when the total cost of the item at Store B is subtracted fromthe total cost of the item at Store A?a)$0b)$0.63c)$1.80d)$1.89e)$2.10Correct answer is option 'D'. Can you explain this answer?
Question Description
The manufacturer’s suggested retail price (MSRP) of a certain item is $60. Store A sells the item for 20percent more than the MSRP. The regular price of the item at Store B is 30 percent more than the MSRP, butthe item is currently on sale for 10 percent less than the regular price. If sales tax is 5 percent of thepurchase price at both stores, what is the result when the total cost of the item at Store B is subtracted fromthe total cost of the item at Store A?a)$0b)$0.63c)$1.80d)$1.89e)$2.10Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The manufacturer’s suggested retail price (MSRP) of a certain item is $60. Store A sells the item for 20percent more than the MSRP. The regular price of the item at Store B is 30 percent more than the MSRP, butthe item is currently on sale for 10 percent less than the regular price. If sales tax is 5 percent of thepurchase price at both stores, what is the result when the total cost of the item at Store B is subtracted fromthe total cost of the item at Store A?a)$0b)$0.63c)$1.80d)$1.89e)$2.10Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The manufacturer’s suggested retail price (MSRP) of a certain item is $60. Store A sells the item for 20percent more than the MSRP. The regular price of the item at Store B is 30 percent more than the MSRP, butthe item is currently on sale for 10 percent less than the regular price. If sales tax is 5 percent of thepurchase price at both stores, what is the result when the total cost of the item at Store B is subtracted fromthe total cost of the item at Store A?a)$0b)$0.63c)$1.80d)$1.89e)$2.10Correct answer is option 'D'. Can you explain this answer?.
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