HyperT4693 HyperT4693
  • 25-01-2021
  • Mathematics
contestada

A shoe store has a markup rate of % and is selling a pair of shoes for $. Find the price the store paid for the shoes.

Respuesta :

Parrain
Parrain Parrain
  • 26-01-2021

Answer: $76

Step-by-step explanation:

Stores buy goods from others and sell it at a higher price to make profit. The difference between the price they bought it for and the one they will sell is the markup.

The markup percentage represents that markup in terms of the original cost.

If the price now is 75% higher than the original price, assume the original price to be x.

Expression is:

x + (x * 75%) = 133

x + 0.75x = 133

1.75x = 133

x = 133/1.75

x = $76

Answer Link

Otras preguntas

Tim is twice as old as his son. In six years, Tim s age will be three times what his son s age was six years ago. How old is tim s son now?
Who Owns Antarctica? thanks:)
rearrange the following equations into slope intercept form. -3y=2x-6
The width of a rectangle is 5 feet, and the diagonal is 8 feet. Which is the area of the rectangle? (Round to nearest hundredth.)
Hey, need some help "hew" means.. 1. to cut with an axe 2. to imitate 3. to express woe 4. a sudden attack
If you are paid an hourly wage of $9.00, determine an equation for finding your weekly gross pay (P) for t hours. Specify an amount between 25 and 40 hours work
2 m³ of soil containing 35% sand was mixed into 6 m³ of soil containing 15% sand. What is the sand content of the mixture?
what was the crimean war?
2.434 to 3 significant figures
Solve 2cos x+2cos 2x=0 on the interval [0,2pi)