A company sold garden hoses at a reduced price of $6.52 and took an end-of-season markdown of $10.43. What was the original selling price of each hose? Use the formula M=S-N, where M is the markdown, S is the original selling price, and N is the reduced price.
Would that be 10.43=S-6.52?
Yes.
Yes, you are on the right track. We can use the formula M = S - N, where M is the markdown, S is the original selling price, and N is the reduced price.
In this case, the markdown is given as $10.43 and the reduced price is $6.52. So we can write the equation as:
10.43 = S - 6.52
To find the original selling price, we can solve this equation for S by adding 6.52 to both sides:
10.43 + 6.52 = S
This simplifies to:
16.95 = S
So, the original selling price of each hose was $16.95.