SOLUTION: A treadmill cost $900.00 and has a markup rate of 30%. Find the markup.

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Question 170014: A treadmill cost $900.00 and has a markup rate of 30%. Find the markup.
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
x+.3x=900
1.3x=900
x=900/1.3
x=$692.31 is the price before the mark-up.
900-692.31=$207.69 is the mark-up.