SOLUTION: If i have a product that is $450 and i need to make at least a 30% markup on it. i need to later be able to discount the selling price by 20%. What should the original price be on
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Question 979467: If i have a product that is $450 and i need to make at least a 30% markup on it. i need to later be able to discount the selling price by 20%. What should the original price be on the product be?
I have no clue where to begin
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = the original price
is the original price
with a 30% markup
-------------------
Now discount this price by 20%
-------------------------
This is the final price, an you are told
it is $450, so
----------------
The original price should be $432.69
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