Respuesta :
Here is the solution of the given problem above:
Given: 17.85 = price of the scented candles that had been marked up
110% = percentage of the mark up
? = original price
110% x 17.85 is 19.635.
19.635 - 17.85 so that would be 1.785.
17.85- 1.785 would be 16.605. Therefore, the original price would be 16.605. Hope this answer helps. Thanks for posting your question.
Given: 17.85 = price of the scented candles that had been marked up
110% = percentage of the mark up
? = original price
110% x 17.85 is 19.635.
19.635 - 17.85 so that would be 1.785.
17.85- 1.785 would be 16.605. Therefore, the original price would be 16.605. Hope this answer helps. Thanks for posting your question.
Answer:
The original Price was 8.5
Step-by-step explanation:
The formula for calculating % increase is
- (ΔPrice/Original price) × 100
- change in price (new price - original price)/original price) × 100
so let's identify what parameters we have
% increase = 110%
new price = 17.85
original price = X
so it becomes
- ((17.85 - X)/X) * 100 = 110%
- Opening brackets
- (17.85*100 - X*100)/ X =110
- 1785 - 100X = 110X (we balance the equation)
- (we collect like terms)
- 1785 = 210X
- to find X we divide both sides by 210
- 1785/210 = X
- 8.5
The original Price was 8.5
I hope i was clear enough?
(let's work with this figure to see if we would get that percentage
%increase = (Δprice/original price) × 100
ΔPrice = New price - Original price = 17.85 - 8.5 = 9.35
(9.35/8.5)×100 =
1.1 × 100 = 110%)