• Math

  MATHS

  Posted by Rishabh on June 2, 2023 at 5:09 pm

  Question:

  A store sells a shirt for $40, which represents a 25% markup on the original cost. What was the original cost of the shirt?

  a) $28
  b) $30
  c) $32

  d) $35

  Hamnah replied 10 months, 4 weeks ago 2 Members · 1 Reply

  • maths
  • percentage
• 1 Reply

• 

  Hamnah

  Member

  June 3, 2023 at 12:13 am

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  ::

  To find the original cost of the shirt

  Let the original cost be x

  The markup percentage is 25%, which means the store is selling the shirt for 100% + 25% = 125% of the original cost.
  So now the equation is
  x + 25% of x = $40

  We can write 25% as 0.25

  So, x + 0.25x = $40

  1.25x = $40

  x = $40 / 1.25

  x = $32

  Therefore, the original cost of the shirt was $32.

  So, the correct answer is option c)$32.

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