Question 1202285: The dress was marked down 20% of its original price for the sale, and it still sold for $120. What would it sell for if the markdown of the original price was only 10%?
Answer by ikleyn(52788) (Show Source):
You can put this solution on YOUR website! .
The dress was marked down 20% of its original price for the sale,
and it still sold for $120. What would it sell for if the markdown
of the original price was only 10%?
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Let x be the original price (before the 20% markwown).
The problem says
(1-0.2)x = 120 dollars,
or 0.8x = 120; x = 120/0.8 = 150 dollars.
Thus the original price of the dress was $150.
Hence, at 10% markdown, the celling price would be 150 - 0.1*150 = 150 - 15 = 135 dollars. ANSWER
Solved.
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