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Beacon Electronics advertised a portable TV set on sale for $272.49 after a 35% markdown from the original price. What was the original price of the TV set? (Round to the nearest cent.

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$272.49 = (1-.35)x

Solve for x.

$272.49 = ( 1- .35) x
$272.49 / 0.65 = $419.22 rounded

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