A bicycle retailer used an initial mark-up rate of 35%. Find the original selling price of a bicycle that costs the retailer P 5,495.00.
a. 1923.25
b. 3571.75
c. 7418.25
d. 9341.50
WITH SOLUTION PO
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A bicycle retailer used an initial mark-up rate of 35%. Find the original selling price of a bicycle that costs the retailer P 5,495.00.
a. 1923.25
b. 3571.75
c. 7418.25
d. 9341.50
WITH SOLUTION PO
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Answer:
b. 3,571.75
Step-by-step explanation:
35% = .35
.35× 5,495= 1,923.25
5,495.00-1,923.25= 3,571.75