Question

the price of a pair of shoes was marked up 1450% from manufacturing to retail. if the shoes retailed for $290, how much did they cost to make?

Answer 1

the selling price of the shoes is 290 $

let the cost of the shoes is x

then

1450 % of x will be 290 $

`\begin{gathered} x*(1450)/(100)=290 \\ x=(290*100)/(1450)=20 \end{gathered}`

so the cost of the shoes is 20 $