SOLUTION: Anita Alvarez sells clothing for Toddler’s Shop. Baby blankets sell for $29.99 after a markup rate based on cost of 109%. Find the cost to the nearest cent.
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Question 724000: Anita Alvarez sells clothing for Toddler’s Shop. Baby blankets sell for $29.99 after a markup rate based on cost of 109%. Find the cost to the nearest cent. Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Anita Alvarez sells clothing for Toddler’s Shop. Baby blankets sell for $29.99 after a markup rate based on cost of 109%. Find the cost to the nearest cent.
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Let the cost be "x".
Equation:
1.09x = 29.99
x = 29.99/1.09 = $27.51
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Cheers,
Stan H.
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