A store pays $20 for a hat. to make a profit the store prices the hat 60% higher. later a sale reduce the price by 10%. finally, a clearance sale reduces the sale price by 40%. what is the clearance price?

The clearance price of hat is $17.28Step-by-step explanation:Price paid by store = $20Increment = 60% of price paid Increment = [tex]\frac{60}{100}*20 = \frac{1200}{100}[/tex]Increment = $12Increased price = 20+12 = $32Sale = 10%Discount amount = 10% of increased priceDiscount amount = [tex]\frac{10}{100}*32=\frac{320}{100}[/tex]Discount amount = $3.2Sale price = 32 - 3.2 = $28.8Clearance sale = 40%Discount of clearance sale = 40% of sale priceDiscount = [tex]\frac{40}{100}*28.8=\frac{1152}{100}[/tex]Discount = $11.52Clearance price = sale price - Discount of clearance saleClearance price = 28.8 - 11.52 = $17.28The clearance price of hat is $17.28Keywords: percentage, subtractionLearn more about subtraction at:brainly.com/question/729447brainly.com/question/7297385#LearnwithBrainly