Question

The expression 937(1+x) gives the markup price of a computer, where x is the percent of the markup written in decimal form.

What does 1 + x represent in the expression?



original price of the computer
percent of markup
percent of original price being paid
markup price of the computer

Answer 1

The answer should be C. Percent of original price being paid

Answer 2

Percent of original price being paid

Explanation:

Since, the final value of an item after marked up is,

`A=P(1+r)`

Where,

P = original value of the item,

r = percentage of markup ( in decimal )

`(1+r)` = percent of original value paid ( in decimal ),

Pr = markup price,

Thus, if we have an expression that shows the value computer after marking up,

937(1+x),

By comparing,

937 = original value,

x = percentage of markup,

(1+x) = percent of original price being paid

937x = markup price of the computer

Hence, THIRD option is correct.