Question

A bracelet was marked up $50 from cost, which amounts to a 20% increase. Find the original cost of the bracelet.

265
260
260
250

Answer 1

260 is the original cost of the bracelet

Answer 2

The original cost of the bracelet was $250.

Explanation:

A bracelet was marked up $50 from cost, which amounts to a 20% increase.

Let the original cost be x.

We can understand in simpler terms that 20% of x is $50.

So, we can find x.

`0.20* x=50`

`x=(50)/(0.20)`

x = 250

Hence, the original cost of the bracelet was $250.