Complete the equation of the line whose y-intercept is (0,-1) and slope is 4. y=______
2 answers:
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Answer:
The original selling price would be $ 515.87 ( approx )
Step-by-step explanation:
Consider the complete question is :
"A sporting goods store manager was selling a ski set for a certain price. The manager offered the markdowns shown, making the one-day sale price of the ski set $325. Find the original selling price of the ski set. It was marked down 10% and 30%"
Suppose x be the original selling price ( in dollars ),
After marking down 10%,
New selling price = x - 10% of x = x - 0.1x = 0.9x
Again after marking down 30%,
Final selling price = 0.9x - 30% of 0.9x
= 0.9x - 0.3 × 0.9x
= 0.9x - 0.27x
= 0.63x
According to the question,
0.63x = 325
Therefore, the original selling price would be $ 515.87.