The price of a pair of skis at the Solitude Ski Shop is $254. This price includes the store's cost for the skis plus a markup at the rate of 27%. Find Solitude's cost for the skis.

Question

lilg132 · Answer

322.58

farmdawgnation · Answer

So... the problem you're describing is a solve-for-x situation, where x is the cost of the skis. Setting up this equation should get you the answer.

$$254 = x + .27(x)$$

lilg132 · Answer

254 / 100 = 2.54 (this is 1 percent of the price)

2.54 * 27 = 68.58 (this is 27 percent of the price)

68.58 + 254 = 322.58 (this is the final price)

anonymous · Answer

that was wrong

farmdawgnation · Answer

lilg132 -- No, the price they are selling for is $254. It doesn't make sense that the store would buy the skis at $322.58 and then sell them for $254.

anonymous · Answer

right... it still was counted wrong

anonymous · Answer

i got one more chance lol

farmdawgnation · Answer

Ok, so I didn't set this up correctly the first time. Look at it like this....

$254 = 127% of the sale price.
x = 100% of the sale price.

Therefore:

$$(254\div127)=(x \div 100)$$

Solve for x. :)