Question

I need help with number 8

Answer 1

Your original price would have been $16.23

Take the new markup price and divide it by the percent it was marked up

17.85 / 1.10 = 16.227

1.10 represents 110%

Round your ending number because there are only two place holders after the decimal for calculating prices. By doing this we change $16.227 to $16.23.