Question

The mark up on an item is $3.75. If the mark up is 35%, what was the original price? Round

your answer to the nearest hundredth. (Show all work)

Answer 1

$10.71

Explanation:

`(3.75)/(y) =(35)/(100)`

y × 35 = 3.75 × 100

35y = 375

35y ÷ 35 = 375 ÷ 35

`y=10(5)/(7)`

y = 10.7142857143

10.7142857143 round to 10.71