Algebra

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Use the given information to find the original price:
Retail Price $99
Markup percent 80%

  • Algebra -

    $80.19

  • Algebra -

    How do you get this answer? Can you explain it to me, please. Thank you

  • Algebra -

    you take .80and mutiply by 99, then take that answer and subtract it from 99

  • Algebra -

    Don't think so ....

    let the cost price be x
    selling price (retail price) = 99
    there was a 80% markup on cost price

    1.8x = 99
    x = 99/1.8 = 55

    check:
    cost price = $55
    markup = .8(55) = $44
    Selling price = 55 + 44 = 99

  • Algebra -

    No. U would do 99 times 80%. So that means it would be 99 times .80 which equals 79.20. Then, you would subtract 79.20 from 99 and your answer would be 19.80 as the original price

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