document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1096528>Question 1096528</A>: <I><SPAN STYLE=\"word-break: break-all;\"> When I solved this the answer just didn't seem right, so my teacher told me to do it a different way which also didn't seem right. I also don't understand why the question says selling price twice instead of mentioning a purchase price. Could you help me figure out what went wrong here? I only solved for what the shopkeep paid for the item here. Thanks!\r<BR>\n" );
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document.write( "A 70% markup on the selling price brought the selling price to $1400. What did the shopkeeper pay for the item and what was the markup? \r<BR>\n" );
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document.write( "My formula: <BR>\n" );
document.write( "Selling price = purchase price + markup              <BR>\n" );
document.write( "1400=P+M                                                        <BR>\n" );
document.write( "1400=P+0.7P                                          <BR>\n" );
document.write( "1400=1.7P                                           <BR>\n" );
document.write( "1400/1.7=P<BR>\n" );
document.write( "823.5294118=P\r<BR>\n" );
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document.write( "Teacher's idea:<BR>\n" );
document.write( "S=1400+1400*0.7<BR>\n" );
document.write( "S=1400+980<BR>\n" );
document.write( "S=2380 </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #710958 by </B><A HREF=/tutors/aboutme.mpl?userid=greenestamps><B>greenestamps(13200)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=greenestamps><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=greenestamps><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=710958\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <br>According to the wording of the problem as you show it, your answer is right.<br><BR>\n" );
document.write( "\"A 70% markup on the selling price brought the selling price to $1400\"<br><BR>\n" );
document.write( "That wording clearly says that the selling price was $1400 AFTER the 70% markup.  But it is also confusing because, as you say, it seems wrong to say that the selling price, plus some markup, equals the selling price.<br><BR>\n" );
document.write( "So perhaps the wording of the problem is incorrect; and perhaps your teacher was working a different problem. </SPAN>\n" );
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