SOLUTION: Please help me solve this problem: If you buy a new TV for $599.25 on sale, which is 25% off of the regular price, and the store marked the price up by 100%, what was the store's

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Question 835965: Please help me solve this problem: If you buy a new TV for $599.25 on sale, which is 25% off of the regular price, and the store marked the price up by 100%, what was the store's cost for the TV?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Please help me solve this problem: If you buy a new TV for $599.25 on sale, which is 25% off of the regular price, and the store marked the price up by 100%, what was the store's cost for the TV?
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Let the store's cost be "x".
Price after markup = "2x"
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Discounted price = 0.75*2x = 1.5x
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Equation:
1.5x = 599.25
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x = 599.25/1.5 = $399.50 (store's cost)
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Cheers,
Stan H.
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