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qid 529 · business
Question: The selling price of a piano which cost $18,000 is $22,950. Find the percent the selling price is of the cost.
- 125%
- 127.5%
- 150%
- 135%
- 115%
- 130%
- 120%
- 110%
- 122.5%
- 140%
Our answer: B. 127.5% Source quote machine-checked (exact quote)
How it was answered
Stored formula / worked method, replayed by code
Current source
Mathematics LibreTexts, Business Math (Olivier), 6.02 Markup: Setting the Regular Price
“In other words, you must add 52.9254% of the cost on top of the unit cost to arrive at the regular unit selling price of $39.99.”
Source quote machine-checked (exact quote)
Earlier version (superseded)
https://openstax.org/books/prealgebra-2e/pages/6-1-understand-percent
Source weak (http_get_200_text_and_question_terms)
Earlier version (superseded)
https://openstax.org/books/prealgebra-2e/pages/6-1-understand-percent
Source weak (http_get_200_text_and_question_terms)
Earlier version (superseded)
No public source has been found for this card yet (5 places checked internally).
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