A printer was sold by giving 60% discount to clear the product. If the customer paid only $9600 for the printer, find the marked price of the printer.
solve:
.4x = 9600
x = 24000
check: 60% of 24000 = 14400
sticker price = 24000-14400 = 9600
To find the marked price of the printer, we need to reverse calculate the discounted price.
The customer paid $9600 for the printer, which is 40% of the marked price after subtracting the discount of 60%.
Let's assume the marked price of the printer is 'M'.
40% of M = $9600
To find the value of M, we can set up the equation:
0.4M = $9600
Now, we solve for M by dividing both sides of the equation by 0.4:
M = $9600 / 0.4
M = $24,000
Therefore, the marked price of the printer is $24,000.