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The price of a pair of jeans was 45$ after a 50% markup. What was the price of the jeans before the markup

1 Answer

7 votes

Answer:

30$

Explanation:

Mark up is the increase of the cost for an item. if the pair of jeans was $45 after a 50% markup , let the price of the jeans before the markup be represented by p.

p + 50%p = 45

1.5p =45

p = 45/1.5

p = 30

The price before mark up was $30, while the markup is $15.

50% of $30 = $15.

$30 + $15 = $45

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