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13 December, 15:23

A store sold a case for $17.85 that has been marked up 110%. What was the original price?

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  1. 13 December, 16:28
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    8.50

    Step-by-step explanation:

    Retail price = original price + markup

    markup = original price * markup percent

    Retail price = original price + original price * markup percent

    Factor out the original price

    Retail price = original price (1 + markup percent)

    We know the retail price and the markup percent

    17.85 = original price (1+110%)

    Change to decimal form

    17.85 = original price (1+1.10)

    17.85 = original price (2.10)

    Divide each side by 2.10

    17.85/2.10 = original price * 2.10/2.10

    8.50 = original price
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