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Elementary Math

Yolanda A.

asked • 11/17/22

A store makes a profit of $10 on a purse after a markup of 65%. What is the sales price?

A store makes a profit of $10 on a purse after a markup of 65%. What is the sales price?

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Mark M. answered • 11/17/22

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10 = 0.65x

Can you solve for x and answer?

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Peter R.

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That gives you the cost (the value of the 65% markup is the profit of $10). 10/0.65 is a cost of $15.38. The sales price is $15.38(1.65), or $25.38 (a profit of $10).

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11/17/22

Judy W.

agree

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03/07/23

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