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| Math Central | Quandaries & Queries |
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Question from Harold: I went to a motorcycle dealership and saw a motorcycle costing $11,000. Dealerships have a way of marking up a product about 300%. What is the original cost of the motorcycle before the 300% markup? |
Harold,
This sounds unduly pessimistic. 300% means "300/100 ths" or "3 times." 300% markup means "adding three times the original price to the original price" or "multiplying it by four."
What is the original cost of the motorcycle before the 300% markup?
You should be able to work this out now.
Good Hunting!
RD
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