document.write( "Question 1208713: A college book store marks up the price that it pays the publisher for a book by 35%. If the selling price of a book is $92.00, how much did the bookstore pay for this book?\r
\n" ); document.write( "\n" ); document.write( "Let me see.\r
\n" ); document.write( "\n" ); document.write( "Let x = money the store paid for the book\r
\n" ); document.write( "\n" ); document.write( "The store sold the book for $92 after marking up the price they paid for the book by 35%.\r
\n" ); document.write( "\n" ); document.write( "This is where I start guessing my way to the equation I hope is correct to solve the problem. After more than 15 minutes with this question, I gave up. \r
\n" ); document.write( "\n" ); document.write( "This is my equation based on my understanding:\r
\n" ); document.write( "\n" ); document.write( "0.35x = 92.00\r
\n" ); document.write( "\n" ); document.write( "Obviously, I am wrong because the correct answer is $68.15. \r
\n" ); document.write( "\n" ); document.write( "What equation setup leads to $68.15?
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Algebra.Com's Answer #847323 by MathTherapy(10555)\"\" \"About 
You can put this solution on YOUR website!
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document.write( "A college book store marks up the price that it pays the publisher for a book by 35%. If the selling price of a book is $92.00, how much did the bookstore pay for this book?\r\n" );
document.write( "\r\n" );
document.write( "Let me see.\r\n" );
document.write( "\r\n" );
document.write( "Let x = money the store paid for the book\r\n" );
document.write( "\r\n" );
document.write( "The store sold the book for $92 after marking up the price they paid for the book by 35%.\r\n" );
document.write( "\r\n" );
document.write( "This is where I start guessing my way to the equation I hope is correct to solve the problem. After more than 15 minutes with this question, I gave up. \r\n" );
document.write( "\r\n" );
document.write( "This is my equation based on my understanding:\r\n" );
document.write( "\r\n" );
document.write( "0.35x = 92.00\r\n" );
document.write( "\r\n" );
document.write( "Obviously, I am wrong because the correct answer is $68.15. \r\n" );
document.write( "\r\n" );
document.write( "What equation setup leads to $68.15?\r\n" );
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document.write( "A DISCOUNT of 35% gives you a SELLING PERCENT of 1 - .35 = .65, or 65%.\r\n" );
document.write( "However, a MARKUP of 35% gives you a SELLING PERCENT of 1 + .35 = 1.35%\r\n" );
document.write( "So, since this is a MARKUP, instead of .35x, you should have 1.35x as part of your equation. \r\n" );
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document.write( "Capiche??
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