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Please help I can't solve it.

Please help I can't solve it.-example-1
User Cavin
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1 Answer

5 votes

Answer:

1. $2,400

2. $1,600

Explanation:

[1] Retail price means we will take the 150% markup, but take off the 50% discount

-> $1,200 * 2 = $2,400

-> 50% is 1/2, so we can multiply it by 2 to solve for the price

[2] Now that we have $2,400, we want to see what the price was before the 150% markup.

-> 150% / 100 = 1.5

-> $2,400 / 1.5 = $1,600

-> We can divide the value by the markup percent (as a decimal) to find the original value

Have a nice day!

I hope this is what you are looking for, but if not - comment! I will edit and update my answer accordingly. (ノ^∇^)

- Heather

User DEEPAK LAKHOTIA
by
7.8k points

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