Question

after a 40% markup, a tablet sells for $245.00. What was the original price of the tablet?$61.25$105.50$175.00$343.00

Answer 1

Given:

Selling price, SP=$245.00

Markup percentage is 40%

To find: The original price

Step-by-step explanation:

Let x be the original price.

Using the formula,

`SP=(100+\text{Markup percentage) \%}*\text{Original price}`

Substituting the values we get,

`\begin{gathered} 245=(140)/(100)* x \\ x=245*(100)/(140) \\ x=175 \end{gathered}`

Thus, the original price is $175.00.

Final answer:

The original price is $175.00.