SOLUTION: A fax machine is on sale for $250.00. The markdown rate is 40%. Find the regular price.

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Question 169146: A fax machine is on sale for $250.00. The markdown rate is 40%. Find the regular price.
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
x-.4x=250
.6x=250
x=250/.6
x=$416.67 original cost of the fax machine.