Question

A company sold garden hoses at a reduced price of $5.64 and took an end of season markdown of $13.35 what was the original selling price of each house? Use the formula M=S-N, where M is the markdown, S is the original selling price, and N is the reduced price. The original selling price of each hose is?

Answer 1

From the details provided in the question, the formula;

`M=S-N`

Can be used to derive either of;

Markdown, Original selling price or Reduced price.

Having been given;

`\begin{gathered} \text{Markdown}=13.35 \\ \text{ Reduced Price=5.64} \\ \text{Original selling price=?} \end{gathered}`

We can now substitute the known values as follows;

`\begin{gathered} M=S-N \\ 13.35=S-5.64 \\ \text{Add 5.64 to both sides;} \\ 13.35+5.64=S-5.64+5.64 \\ 18.99=S \end{gathered}`

The original selling price, that is N, is now;

$18.99