Explanation Given Information: The markdown percent is 20 % and sale price of the mower is $ 4 , 815 . Formula used: The original selling price can be calculated using the following equation: Original Selling Price = Sale Price 100% − Markdown percent Calculation: Consider the provided data, The markdown percent is 20 % and sale price of the mower is $ 4 , 815 . So, Markdown percent = 20 % and Sale Price = $ 4 , 815 . The original selling price of the mower is, Original Selling Price = Sale Price 100% − Markdown percent Substitute Markdown percen

Contemporary Mathematics for Business and Consumers

7th Edition

ISBN: 9781285189758

Author: Robert Brechner, George Bergeman

Publisher: Cengage Learning

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Chapter 8.III, Problem 17RE

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To calculate: The original selling price of the mower if the markdown percent is 20% and the sale price is $4,815.

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Chapter 8.III, Problem 16RE

Chapter 8.III, Problem 18RE

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Chapter 8 Solutions

Contemporary Mathematics for Business and Consumers

Ch. 8.I - For the following, use the basic retailing...Ch. 8.I - For the following, use the basic retailing...Ch. 8.I - Prob. 3TIE Ch. 8.I - Prob. 4TIE Ch. 8.I - Prob. 5TIE Ch. 8.I - Prob. 6TIE Ch. 8.I - Prob. 1RE Ch. 8.I - For the following items, calculate the missing...Ch. 8.I - Prob. 3RE Ch. 8.I - For the following items, calculate the missing...

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The original selling price of the mower if the markdown percent is 20 % and the sale price is $ 4 , 815 .

Solution Summary: The author calculates the original selling price of the mower using the following equation: Original Selling Price=

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To calculate: The original selling price of the mower if the markdown percent is 20% and the sale price is $4,815.

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Chapter 8 Solutions