A Suit Coat That Is Marked Down 35% Has A Sale Price Of $292.50 Use The Sale Price Formula To Find The Regular Price Of The Suit Coat?


1 Answers

Oddman Profile
Oddman answered
We presume the formula you want to use is the one found here.
R = S/(1-r)
  = 292.50/(1-0.35)
  = 292.50/0.65
  = 450
The regular price of the suit coat is $450.00.

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