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In response to very high demand, a new bike has been marked up by 25% and is now selling for $210.00. How much was the bike before the mark-up?

In response to very high demand, a new bike has been marked up by 25% and is now selling for $210.00. How much was the bike before the mark-up?
asked 54.9k views
5 votes
In response to very high demand, a new bike has been marked up by 25% and is now selling for $210.00. How much was the bike before the mark-up?

asked
User Abhijeet Panwar
by
7.8k points

1 Answer

2 votes
Call the price of the bike before mark up 'x', then we have:

x + 0.25x = 210
1.25x = 210
x = 168

Therefore, the bike cost $168 before 25% price increase.
answered
User Daniel Mahadi
by
8.7k points
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