A bakery purchases a cake for $⁢20 and marks it up by 40% For a special event, they offer a 10% discount on the marked-up price. If they sell 50 cakes during the event, what is the total revenue?

A 40% markup on $20 adds $8, so the marked-up price is $28. The 10% discount is $2.80, making the event price $25.20 per cake. Selling 50 cakes brings in 50 × $25.20 = $1,260, so the total revenue is 1 dollars comma 260.

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