Problema Solution
Carousel Toys has Romper Buckaroos, wooden rocking horses for toddlers, on a 30% markdown sale for $72.09 each. What was the original price before they were marked down?
Answer provided by our tutors
Usually the sales equation is sales price / original price = 1-%
hence
72.09 / OP = 1-0.3
72.09 / OP * OP = 0.7 * OP
72.09 = 0.7 * OP
72.09 / 0.7 = 0.7 * OP / 0.7
OP = 102.985...
hence original price is 102.99