Solve the problem.
-A sports store received a line of bicycles that had a net cost of $95 each. If the store was given a series discount of 40/35, find the list price.
A)$243.59
B)$23.75
C)$380.00
D)$37.05

Question

Quizplus · Accepted Answer

The list price is $243.59. The net cost is $95. The discount rate is 40/35. The list price is equal to the net cost divided by the discount rate. So, the list price is $95 / (1 - 40/35) = $243.59.

Solve the Problem. -A Sports Store Received a Line of Bicycles That Had