Question

Nissan Appliances bought two dozen camcorders at a total cost of $5,760. The markup on the camcorders is 25% of the selling price. What was the original selling price of each camcorder?

Answer 1

the original price of the camcorder is $7,680
(steps/work below)

First, you want to make it into an equation

(original price) - (25% of original proce) = total paid

LETS MAKE THIS SIMPLE BY USING VARIABLES!
original price = x
25% of original price = 0.25x
total paid = 5,760

Rewrite our new equation.

x - 0.25x = 5,760

now lets solve

to get the "x" alone on both sides we can divide by 0.75

x=7680

the original price of the camcorder is $7,680

plug in numbers to variables to check your work

7680 - 0.25(7680) = 5760
7680 - 1920 = 5760