   Chapter 8.III, Problem 17RE ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

#### Solutions

Chapter
Section ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

# Solve the following word problems, rounding dollars to the nearest cent and percents to the nearest tenth of a percent.Lawn and Garden Galleria is having a 20% off sale on riding lawn mowers. The XL Deluxe model is on sale for $4.815. What was the original price of the mower? To determine To calculate: The original selling price of the mower if the markdown percent is 20% and the sale price is$4,815.

Explanation

Given Information:

The markdown percent is 20% and sale price of the mower is $4,815. Formula used: The original selling price can be calculated using the following equation: Original Selling Price=Sale Price100%Markdown percent Calculation: Consider the provided data, The markdown percent is 20% and sale price of the mower is$4,815.

So, Markdown percent=20% and Sale Price=\$4,815.

The original selling price of the mower is,

Original Selling Price=Sale Price100%Markdown percent

Substitute Markdown percen

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