Question 144393
if an item is marked up by 61%, how do you find out the original price
Let "x" be the original price.
EQUATION:
x + 0.61x = new price
x(1.61) = new price
x = (new price)/1.61 (this  is the original price)
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If the new price is $10 then:
x = 10/1.61 = $6.21
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Cheers,]
Stan H.