Answer:
$43.13
Step-by-step explanation:
The original price plus the markup = selling price
The markup = original price * percent markup
So
selling price = original price + original price* percent markup
Factoring out the original price
selling price = original price (1+ percent markup)
Substituting what we know)
69 = original price (1+.60)
69 = original price(1.6)
Divide both sides by 1.6
69/1.6 = original price
43.125 = original price
We round money to the nearest cent
$43.13
