An Electronics Store Purchases a Certain Video Game from the Manufacturer

question 29

Multiple Choice

An electronics store purchases a certain video game from the manufacturer, but in a mass amount of clutter the original purchase price is lost. The store sells the game at a mark-up of 200% over the purchase price. A coupon which the store offers in the local newspaper will reduce the price by 20%. With the coupon, the profit made on the sale of the video game is $18. What was the original purchase price of the video game? Give your answer as a decimal rounded to the nearest hundredth.

• A) $8.00
• B) $16.25
• C) $12.45
• D) $12.86
• E) None of the above.