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In response to very high demand, a new bike has been marked up by 25% and is now selling for $210.00. How much was the bike before the mark-up?
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May 10, 2018
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In response to very high demand, a new bike has been marked up by 25% and is now selling for $210.00. How much was the bike before the mark-up?
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Abhijeet Panwar
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Abhijeet Panwar
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Call the price of the bike before mark up 'x', then we have:
x + 0.25x = 210
1.25x = 210
x = 168
Therefore, the bike cost $168 before 25% price increase.
Daniel Mahadi
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May 15, 2018
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Daniel Mahadi
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