Final answer:
To calculate the original cost of the bracelet, which Mini sold for a 2% commission of $190, we set up an equation and solve for the total cost. The original cost is found to be $9,500.
Step-by-step explanation:
To find the cost of the bracelet, we need to divide the amount of commission the student made by her commission rate.
The student made $190 in commission, and her commission rate is 2%.
Let's set up an equation:
Commission = (Commission Rate/100) * Sales
190 = (2/100) * Sales
To solve for Sales, we can multiply both sides of the equation by 100/2:
190 * (100/2) = Sales
Sales = $9,500
Therefore, the cost of the bracelet was $9,500.