Answer :

Explanation

From the statement, we know that the store:

0. buys instruments and then sells them for 30% more than they paid,

,

1. during a 20% sale, the store offers a clarinet for $93.60.

(1) From point 1, we know that the relation between the original price (Po) and the selling price (Ps) is given by:

[tex]P_s=(1+0.3)*P_o=1.3*P_o\Rightarrow P_o=\frac{P_s}{1.3}.[/tex]

(2) From point 2, we know that the relation between the final price with the discount (P_f) and the selling price without the discount (Ps) is:

[tex]P_f=(1-0.2)*P_s=0.8*P_s\Rightarrow P_s=\frac{P_f}{0.8}=\frac{\text{ \$93.60}}{0.8}=\text{ \$117.}[/tex]

(3) Finally, replacing the value of Ps in the equation of point (1), we find that the original price of the instrument was:

[tex]P_o=\frac{\text{ \$117}}{1.3}=\text{ \$90.}[/tex]Answer

The store paid approximately $90 for the clarinet.