SOLUTION: PFS Fitness bought a treadmill for $700. PFS has a 70% markup on selling price. What is the selling price of the Treadmill (to the nearest dollar)?

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Question 1129827: PFS Fitness bought a treadmill for $700. PFS has a 70% markup on selling price. What is the selling price of the Treadmill (to the nearest dollar)?
Found 2 solutions by MathLover1, MathTherapy:
Answer by MathLover1(20850) About Me  (Show Source):
You can put this solution on YOUR website!

the selling price of the Treadmill :x
70%=0.70 markup on selling price: 0.70x
final price: $700
x%2B0.70x=700
1.70x=700
x=700%2F1.70
x=411.77
x=412-> the selling price of the Treadmill (to the nearest dollar)

check:
0.70x=0.70%2A412=288
412%2B288=700

Answer by MathTherapy(10552) About Me  (Show Source):
You can put this solution on YOUR website!

PFS Fitness bought a treadmill for $700. PFS has a 70% markup on selling price. What is the selling price of the Treadmill (to the nearest dollar)?
Purchase price: $700

Markup %: 70, or .7

Selling Price: