SOLUTION: Use the given information to find the new price. Round to the nearest cent. Original price:$24 Markup Rate:21%

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Question 1181715: Use the given information to find the new price. Round to the nearest cent. Original price:$24 Markup Rate:21%
Answer by Solver92311(821)   (Show Source): You can put this solution on YOUR website!


Let represent the markup rate, represent the original price, and represent the new price. Then:



You can do your own arithmetic.

John

My calculator said it, I believe it, that settles it

From
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