SOLUTION: Nissan Appliances bought two dozen camcorders at a cost of $4,788. The markup on the camcorders is 25% of the selling price. What was the original selling price of each camcorder?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Nissan Appliances bought two dozen camcorders at a cost of $4,788. The markup on the camcorders is 25% of the selling price. What was the original selling price of each camcorder?      Log On


   



Question 1099635: Nissan Appliances bought two dozen camcorders at a cost of $4,788. The markup on the camcorders is 25% of the selling price. What was the original selling price of each camcorder?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Each camcorder was bought for:
+4788%2F24+=+199.5+
Let +x+ = the original selling price
+x+%2B+.25x+=+199.5+
+1.25x+=+199.5+
+x+=+159.6+
The original price was $159.60
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