Question

A purchaser paid $1,539.13 for a computer system that originally cost $1,215.91. If the markup was 21% of the $1,539.13 selling price, then what is the percent markup based on cost?

Answer 1

Answer:

$1272.008264

Step-by-step explanation:

If the mark-up was 21%, then the final price is 121% of the original price.  Simply divide $1,539.13 by 1.21 to get the original price of $1272.008264