Set up an equation that can be used to solve the problem. Solve the equation and answer the question asked.
-The local clothing store marks up the price that it pays to the clothing manufacturer by 30%. If the selling price of a pair of jeans is $105, how much did the clothing store pay for the jeans?
A) $150.00
B) $26.25
C) $136.50
D) $80.77

Question

Quizplus · Accepted Answer

The store marks up the price by 30%, meaning the selling price is 130% of the cost price. Let x be the cost price. The equation is 1.3x = $105. Solving for x gives x = $105 / 1.3 = $80.77.

Set Up an Equation That Can Be Used to Solve