SOLUTION: Inflation took its toll, and the merchant had to mark the suit up 30 percent so it would sell for $156. What was the original price of the suit?
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Question 1202492: Inflation took its toll, and the merchant had to mark the suit up 30 percent so it would sell for $156. What was the original price of the suit?
Answer by Theo(13342) (Show Source): You can put this solution on YOUR website!
x represents the original price.
1.3 * x = 156
x = 156 / 1.3 = 120
original price was 120.
mrked up prive was 120 + .3 * 120 = 120 + 36 = 156.
solution is that the original price was 120.
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