A store owner bought an item for $X. He marked it up by 40% and then offered a 25% discount on the marked price. If the item was sold for $210, what was the original cost, $X, of the item?

Question

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B) $200. Marked price = X * 1.40. Selling price = (X * 1.40) * 0.75 = 1.05X. Given 1.05X = $210. So, X = 210 / 1.05 = $200.

A store owner bought an item for $X. He marked it up by 40% and then offered a 25% discount on the marked price. If the item was sold for $210, what was the original cost, $X, of the item?

✓ Correct Answer: Option B

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