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The cost price of a boat is marked up by 8%. a. Calculate the cost price if the marked up price is $43200.
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The cost price of a boat is marked up by 8%.

a. Calculate the cost price if the marked up price is $43200.

User Dfmiller
by
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1 Answer

7 votes

Answer:

$40000

Explanation:

The formula is x*1.08 = 43200. If you want to find the original price then isolate x. x*1.08 = 43200 -> x = 40000.

User Bgomberg
by
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