Answer:
Step-by-step explanation:
The markup price is always higher than the original, so to find the original you take the markup and do some subtracting. What we are subtracting is 25% of the original price, which is what we don't know. Our equation then is
x = 32.65 - .25x and
1.25x = 32.65 so
x = 26.12
That's the original price. Marking that original price up by 25% and then adding that dollar markup amount to the original amount gives you 32.65