Find the marked prices of the following, given the amount of discount.?
(a) A 7% discount which is $49
(b) a 33 1/3 (31 whole 1 over 3)% discount which is $270
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Given :
7% discount which is $49.
% discount which is $270
To find :
The Marked Prices of the given discounts.
Explanation:
(a) Let the marked price of the item be p
7% of p = 49
0.07p = 49
p = 700
Marked Price = $700
(b) Let the marked price of the item be p
% of p = 270
31.33% × p = 270
× p = 270
0.3133p = 270
p =
p = 861.7938 ≈ 861.80
Marked price = $861.80 approx.
(a) Marked price = $700
(b) Marked price = $861.80 approx.
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