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13 December, 06:24

Anita Alvarez sells clothing for Toddler's Shop. Baby blankets sell for $29.99 after a markup rate based on cost of 109%. Find the cost to the nearest cent.

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  1. 13 December, 06:40
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    If the final price after an additional 109% markup is $29.99, then $29.99 is 209% of the original cost. Let that cost be x:

    (209%) (x) = 29.99

    2.09x = 29.99

    x = 14.349

    Therefore, the original cost was $14.35 (rounded to the nearest cent).
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