An Apple ipod sells for $299, which is marked up 40% of the selling price. The cost of the Ipod is what?

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08-11-2016
Business

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An Apple ipod sells for $299, which is marked up 40% of the selling price. The cost of the Ipod is what?

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Greenleafable Greenleafable · Answer 1 · 2016-11-11T14:27:07+01:00

Greenleafable Greenleafable

11-11-2016

This means that the original price is 60%, which we will use to calculate it.
299 (the discounted price) : x (the original price) = 60 % : 100 %
60x = 299 * 100
60x = 29900
x = 29900 / 60
x = 498.33
The cost of the Ipod is $498.33

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tonibrooks88 tonibrooks88 · Answer 2 · 2020-08-25T16:29:21+02:00

tonibrooks88 tonibrooks88

25-08-2020

Answer:$179.4

Explanation:

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