document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=31827>Question 31827</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The selling price was $108. If the markup was 20 percent of the purchase price, what was the purchase price? What was the markup? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #18491 by </B><A HREF=/tutors/aboutme.mpl?userid=mukhopadhyay><B>mukhopadhyay(490)</B></A><img src=\"/images/stars/stars-10.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mukhopadhyay><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=18491\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Assume purchase price as x;<BR>\n" );
document.write( "x+20%x=108<BR>\n" );
document.write( "=>x+.2x=108<BR>\n" );
document.write( "=>1.2x=108<BR>\n" );
document.write( "=>x=108/1.2=90<BR>\n" );
document.write( "The markup was $108-$90=$18 </SPAN>\n" );
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