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A pair of Vans Custom Old Skool sneakers originally sold for $100. Kohl's department store purchased the sneakers for $80. If Kohl's drops the price

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A pair of Vans Custom Old Skool sneakers originally sold for $100. Kohl's department store purchased the sneakers for $80. If Kohl's drops the price of the Vans sneakers by 10%: a) What would be the new price? b) What would be the new margins ($ and %)? Answer each question. O $90; $10; approx. 11% $110; $30; approx. 27% $100; $20; approx. 20% $90; $0; approx. 10%

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