word problem

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word problem

Tom and Fred rebelled at paying $4320 because it was a markup of 80% of selling price. What was the selling price?
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Re: word problem

$4320 is a markup of 80% of selling price.

s = selling price
1.8s = 4320   ← markup price is 180% of selling price
s = 2400    ← divided by 1.8

selling price is $2400

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