Register
An Apple ipod sells for $299, which is marked up 40% of the selling price. The cost of the Ipod is what?
197k views
1 vote
An Apple ipod sells for $299, which is marked up 40% of the selling price. The cost of the Ipod is what?

User Sameer Manek
by
8.4k points

2 Answers

2 votes

Answer:$179.4

Step-by-step explanation:

User RH Becker
by
8.0k points
3 votes
This means that the original price is 60%, which we will use to calculate it.
299 (the discounted price) : x (the original price) = 60 % : 100 %
60x = 299 * 100
60x = 29900
x = 29900 / 60
x = 498.33
The cost of the Ipod is $498.33
User Jeremy Stein
by
8.7k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
What is meant by data mining ?
What is the best way to describe a stock market?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
Link Copied!