SOLUTION: A shopkeeper offers a 25% discount on the marked price of an item. In oder for the item to now cost $48.00, what should the market price be?

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Question 1012305: A shopkeeper offers a 25% discount on the marked price of an item. In oder for the item to now cost $48.00, what should the market price be?
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
If the item now costs $48 and has been discounted 25%, then this $48 represents 75% of the market price. We can write this as
.75x = 48
x = 48/.75 = $64