an auto dealer increases the price of a used car 15%. if the new price is $6900, what was the original price of the car
1 answer:
Original Price= Markup Price/(1 + markup %)
Original Price= Markup Price/(1 + 15%)
= 6900/(1 + 15%)
change % to decimal
= 6900/(1.15)
divide
= $6,000 original price
ANSWER: The original price before a 15% markup is $6,000.
Hope this helps! :)
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