Question

Jerry started a used parts establishment. He marked up the items 30 percent of the purchase price. If one item sold for $715, what did Jerry pay for it?

Answer 1

Jerry paid $500.50.

Explanation:

30 / 100 = 0.3

0.3 x 715 = 214.5

715 - 214.5 = 500.5

round to the nearest hundredth