Question

Is this a Percent Increase or Decrease Problem?

Kemyah bought a necklace for $260 that was marked
up by 30%.

Answer 1

Percent Increase

Explanation:

Percent Increase because if the necklace was bought for $260, and was marked up by 30%, it means it was originally a lower price, that was multiplied by 130%.

Explanation by algebra:

x + 0.30x = 260

1.3x = 260

x = 260/1.3

x = 200

The necklace was originally $200, and it was marked up by 30$, making it $260.

Answer 2

increase

Explanation:

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