Question
Dylan's Bicycle Shop offers a new bicycle on sale for $259.92 after a 10% markdown. What was the cost of the bicycle to Dylan if the markup was 30% based on the cost? Round
Answers
Henry
P = Po - 0.1Po = 259.92
0.9Po = 259.92
Po = 288.80 Before 10% markdown.
P = Po + 0.3Po = 288.80
1.3Po = 288.80
Po = $222.15 = Cost to Dylan.
0.9Po = 259.92
Po = 288.80 Before 10% markdown.
P = Po + 0.3Po = 288.80
1.3Po = 288.80
Po = $222.15 = Cost to Dylan.