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how do I set up this problem ? if the store is offering a 14%discount and yao pays $670.8 what was the marked price?
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does anyone help anyone on here ? or is it just a chat session I have went on here twice and have not gotten a response
does that mean "after the discount"?
yes
670.80x0.14
our instructor says we have to show the 5 steps
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if so, then you know \[\$670.80=.86P\] and so \[P=670.80\div .86\]
so it is A=p-rP
reasoning that if you get a 14% discount, you pay 86% of the price
right he said you subtract the 14 from 100
by the distributive law \[P-rP=(1-r)P\] so no need for the first step just subtract \(.14\) from \(1\) or 14% from 100%
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so it will look like this it would be 670.8-.86=.86P right?
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