Kelly bought a magazine for $32.50 after it was marked up 25%.what is the original price of the magazine?

Question

Can you show me how to do the work?

Answer 1

25% mark-up means that 25% of the original price was added to get the current price.

Remember a % is a FRACTION the denominator of which is 100.

original price + .25*original price = marked-up price

P(1.25)=M

P(1.25)=32.50

P=32.50/1.25

This is actually easier to do if you use a fraction instead of a decimal.

1.25=5/4

P*5/4=32.50

P=32.5*4/5=4*6.5=26

Answer 2

The mark-up can be converted to 1.25 as a decimal (the original amount plus the 0.25 mark-up).

If the total comes to $32.50, then the formula can be written as: 1.25x = $32.50 (where x is the original price).

By dividing both sides by 1.25, you get x = $26, so the magazine originally cost $26.00