Thursday, January 12, 2012

Finding what the value of a car used to be after a markdown?

At a clearance sale, everything has been marked down 13%. How much did a car originally sell for, if its current price is $12.962.99?



A. $11,277.80

B. $16,851.89

C. $14,899.99

D. $14,388.94





I'm doing 12962.99 x .13 = 1685.1887 + 12962.99 = 14,648.18 That is not a option what am I doing wrong?Finding what the value of a car used to be after a markdown?
$12,962.99 represents (100 - 13) = 87% of the price



so original price = $12,962.99 * (100/87)



ans : [ C ] $ 14,899.99

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