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A store sold a case of scented candles for $17.85 that had been marked up 110%. What was the original price?

User Demarcus
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2 Answers

4 votes
a markup, is an added amount to the product, to cover its production and distribution and others often times

so.. the product original price is "x", then it gets markup 110% of that

so.. if "x" is the 100%, or original price, the new price is really 100%+110% in price, or 210% of the original price

thus
\bf \begin{array}{ccllll} amount&\%\\ \textendash\textendash\textendash\textendash\textendash\textendash&\textendash\textendash\textendash\textendash\textendash\textendash\\ 17.85&210\\ x&100 \end{array}\implies \cfrac{17.85}{x}=\cfrac{210}{100}

solve for "x"
User Junjie
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6.2k points
5 votes

$17.85 is 110% of the original price.


To find 1% divide this by 110:

17.85/110 = 0.16% (rounded).


Original price is 100% so 0.16*100 = $16.23 (rounded).


Check:

$16.23*1.1=$17.85 (1.1 is decimal equivalent of 110%).

User FreakTheMighty
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5.3k points