Question

Nissan Appliances bought two dozen camcorders at a total cost of $3,816. The markup on the camcorders is 25% of the selling price. What was the original selling price of each camcorder?

Answer 1

Answer: So nissan bought two dozen camcorders (or 24 camcorders) for $3816.

if we divide $3816 by 24, we get the price for each camcorder, this is:

3816/24 = 159 dollars per camcorder.

If the markup is 25%, this means that the sell price is 1.25 times the buying price, this is 1.25*$159 = $198.75

so nissan can sell this things for $198.75 each.

Answer 2

So first you do 3,816 divided by 12 , because you need to find how much for 1 so then you can find out 25% off of 1. To check your work put down 318 times 12 to prove that you're right. Which would be 318 times 25 = 79.5. If you use a calculator it won't have the decimals ( if you just do the numbers ), but the rest is above.