Sue’s corner market has a markup of 60% on bottled water. if the market sells a bottle of water for $2, find the original amount that sue pays.

Markup is the amount added to the cost price of goods to cover overhead and profit.

Sue’s Corner Market has a markup of 60% on bottled water.

Let us say original price was $x.

Now price after markup is $2.

So we can make an equation like:

original price + markup price = price after markup

x + 60% of x =2

dividing both sides by 1.6

x= 1.25

So original price was 1.25 dollars.

i am not sure :

step-by-step explanation:

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