Question

an auto dealer increases the price of a used car 15%. if the new price is $6900, what was the original price of the car

Answer 1

Original Price= Markup Price/(1 + markup %)

Original Price= Markup Price/(1 + 15%)


= 6900/(1 + 15%)
change % to decimal

= 6900/(1.15)
divide

= $6,000 original price


ANSWER: The original price before a 15% markup is $6,000.

Hope this helps! :)