$440 final price. What was the price before if 15% was the mark up

Accounting
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$440 final price. What was the price before if 15% was the mark up

May 26th, 2015

Since 440 is 115% of the original price:

440 / 115 = 3.8261 (1%)

To get the original:

3.8261 * 100 = $382.61

May 26th, 2015

Thank you. That was awesome thank you for your explanation. 

May 26th, 2015

Glad to help.

May 26th, 2015

Have another question. Trying to figure $90000 is 60% of the total. How do I figure that?

May 26th, 2015

90000 / 60 gives you 1500 or 1%

1500 * 100 = $150000

May 26th, 2015

Thanks again.

May 26th, 2015

Lending start $25. Kiva.org boasts 99% repayment rate. Average loan to an entrepreneur is $388.44. The average loan amount is $261.14. Total amount loaned $283,697,150. How many people are lending money if the average loan per lender is 8?


Jun 3rd, 2015

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May 26th, 2015
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May 26th, 2015
Dec 8th, 2016
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