document.write( "Question 927426: A retailer marks up all products by 75 percent. If the selling price of a set of plastic bowls is $4.00 what was the cost to the retailer? \n" ); document.write( "
Algebra.Com's Answer #562934 by Edwin McCravy(20060)![]() ![]() You can put this solution on YOUR website! \r\n" ); document.write( "Since it's easier, I think students should learn that when \r\n" ); document.write( "something is raised 75%, that means that the new price is \r\n" ); document.write( "175% of the old price. So I'll approach it that way.\r\n" ); document.write( "\r\n" ); document.write( "-------------------------------\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "175% of x is $4.00.\r\n" ); document.write( "\r\n" ); document.write( "1.75x = 4.00\r\n" ); document.write( " x = 4.00/1.75\r\n" ); document.write( " x = $2.285714286\r\n" ); document.write( "\r\n" ); document.write( "$2.28 if he raised it a tiny bit more than 75%.\r\n" ); document.write( "$2.29 if he raised it a tiny bit less than 75%.\r\n" ); document.write( "\r\n" ); document.write( "(He could not theoretically have raised it EXACTLY 75% because he cannot\r\n" ); document.write( "charge a fraction of a penny).\r\n" ); document.write( "\r\n" ); document.write( "Edwin\n" ); document.write( " |