SOLUTION: An item for sale is marked down 20%. By what percent must it then be marked up in order to return to the original selling price?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: An item for sale is marked down 20%. By what percent must it then be marked up in order to return to the original selling price?      Log On


   

Question 251981: An item for sale is marked down 20%. By what percent must it then be marked
up in order to return to the original selling price?
Answer by palanisamy(496) About Me  (Show Source):
You can put this solution on YOUR website!
Let the original price be 100
It is marked down by 20%. That is it marked as 80.
Again to raise it to 100, it should be increased by 20 from 80.
Percentage of increase = (20/80)x 100 = 25%