SOLUTION: please someone help me for this word problem I am submitting I know I am to use this formula COST= SELLING PRICE(1+ RATE OF MARKUP) BUT I DON'T UNDERSTAND please HELP ME

Question 729644: please someone help me for this word problem I am submitting I know I am to use this formula
COST= SELLING PRICE(1+ RATE OF MARKUP) BUT I DON'T UNDERSTAND please HELP ME SOMEONE. here is the problem:

Amanda is a manager at a local jewelry store. When a customer purchases a diamond engagement ring, Amanda also suggests purchasing a pearl necklace as a gift for the fianc�s mother. As a courtesy, Amanda discounts the necklace by 35% off of the original selling price. From the cost, the engagement ring has a markup of 100%, and the pearl necklace has a markup of 65%.
Answer by lynnlo(4176) (Show Source): You can put this solution on YOUR website!

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