SOLUTION: Use the given information to find the new price. Round to the nearest cent. Original price:$24 Markup Rate:21%

Algebra ->  Finance -> SOLUTION: Use the given information to find the new price. Round to the nearest cent. Original price:$24 Markup Rate:21%      Log On


   

Question 1181715: Use the given information to find the new price. Round to the nearest cent. Original price:$24 Markup Rate:21%
Answer by Solver92311(821) About Me  (Show Source):
You can put this solution on YOUR website!


Let represent the markup rate, represent the original price, and represent the new price. Then:



You can do your own arithmetic.

John

My calculator said it, I believe it, that settles it

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