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The markup on a birdcage is 46% of the sale price. If the birdcage sells for $45.51, what was the cost to the nearest cent? $20.93 $24.58 $25.69 $35.04

User Jurka
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1 Answer

1 vote

Final answer:

The cost of the birdcage can be calculated by dividing the sale price of $45.51 by 1.46, which gives $31.17 as the cost to the nearest cent. None of the provided options match this result, indicating a possible error in the question or options.

Step-by-step explanation:

You're asking how to find the cost of a birdcage if the markup is 46% of the sale price and the birdcage sells for $45.51. To find the cost, we need to work with the concept that the sale price is composed of the cost plus the markup. Since the markup is 46%, we can express the sale price (S) as:

S = Cost + (0.46 × Cost)

Combining terms gives us:

S = Cost × (1 + 0.46)

S = Cost × 1.46

To find the original cost, we divide the sale price by 1.46:

Cost = S / 1.46

Cost = $45.51 / 1.46

Cost = $31.17 (to the nearest cent)

Therefore, the cost to the nearest cent is $31.17, which is not one of the options provided. It seems there might be an error in the options or in the question as it was presented.

User Openshac
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