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#38967

profit and loss

percentage

medium

60 sec

Calculator OK

A bookstore buys a novel for $8. They mark up the price by $50%$ to set the regular price. During a promotion, the novel is sold at $20%$ off its regular price. What is the sale price of the novel, in dollars? (Disregard the $ sign when entering your answer. For example, if your answer is $4.97, enter 4.97)

• Up to 5 characters (6 if negative). Only numbers, decimal (.), fraction (/), negative (-).
• Fractions must be in lowest terms.
• Mixed numbers must be converted to improper fractions.