SOLUTION: If i have a product that is $450 and i need to make at least a 30% markup on it. i need to later be able to discount the selling price by 20%. What should the original price be on

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Question 979467: If i have a product that is $450 and i need to make at least a 30% markup on it. i need to later be able to discount the selling price by 20%. What should the original price be on the product be?
I have no clue where to begin

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +p+ = the original price
+p+%2B+.3p+=+1.3p+ is the original price
with a 30% markup
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Now discount this price by 20%
+1.3p+-+.2%2A%28+1.3p+%29+
+1.3p+-+.26p+=+1.04p+
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This is the final price, an you are told
it is $450, so
+1.04p+=+450+
+p+=+450%2F1.04+
+p+=+432.69+
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The original price should be $432.69