Question

The markdown of a bicycle is Php1500.00 which is 20% of the original selling price. Find (a) the original selling price and (b) the new selling price.

Answer 1

Given:

The markdown of a bicycle = $1500

Which is 20% of the original selling price

Let the original selling price = x

so, 20% of x = 1500

so,

`\begin{gathered} (20)/(100)\cdot x=1500 \\ \\ x=(1500\cdot100)/(20)=7500 \end{gathered}`

so, the answer will be:

a) the original selling price = $7,500

b) the new selling price = 7500 - 1500 = $6,000