Carousel Toys has Romper Buckaroos, wooden rocking horses for toddlers, on a 30% markdown sale for $72.09. What was the original price before they were marked down?
(1-.30)p 72.09
p = 72.09/.70 = 102.98
$103.00 rounded
To find the original price of the Romper Buckaroos before the markdown, we can use the formula:
Original Price = Sale Price / (1 - Percent Markdown)
In this case, the sale price is $72.09, and the percent markdown is 30%. Let's calculate the original price:
Percent Markdown = 30% = 0.30
Original Price = $72.09 / (1 - 0.30)
Now, let's do the calculation:
Original Price = $72.09 / (1 - 0.30)
Original Price = $72.09 / 0.70
Original Price ≈ $102.99
Therefore, the original price of the Romper Buckaroos before the markdown was approximately $102.99.