document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1019214>Question 1019214</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Worldwide Computers sells a computer monitor for $499.95. Worldwide marks up the monitor 25% on the selling price. What did the computer monitor cost Worldwide? Round to nearest cent. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #635187 by </B><A HREF=/tutors/aboutme.mpl?userid=robertb><B>robertb(5830)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=robertb><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/cgi-bin/show-face.mpl?user=robertb><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=635187\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The formula for retail price is R = C+M, where R is the retail price, C is the cost price, and M is the markup value.  Assuming no trade discount was offered, selling price = retail price.<BR>\n" );
document.write( "Hence, R = 499.95, M = 0.25*499.95, and the working equation to find the cost price is <BR>\n" );
document.write( "499.95 = C +0.25*499.95<BR>\n" );
document.write( "==> C = $374.96 </SPAN>\n" );
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