Question

Dan paid $34.30 for a sweater the price included a 40% markup what is the cost of the sweater before the markup

Answer 1

Answer:

$24.5

Step-by-step explanation:

Let x be the cost of sweater before markup.

We are told that Dan paid $34.30 for a sweater the price included a 40% markup. This means x plus 40% of x equals 34.30.

We can represent this information as:

$x+\frac{40}{100}x=34.30$

$x+0.40x=34.30$

$1.40x=34.30$

$x=\frac{34.30}{1.40}$

$x=24.5$

Therefore, the cost of sweater before the markup was $24.5.