A) For this equation I need help calculating the marked price.
A retailer wants to make a 22% profit on the sale of a television set. The television set cost the retailer $560.
What should the marked price of the TV be?
Silly enough as it is, I'm having a complete mind blank and can't seem to wrap my head around this question. Help would be great and a big thanks in advance!
EDIT: Stupid me figured the second question out, turns out it was very simple and I was just over analyzing.
Hint
Say that the cost for the retailer is $C$ and that he makes a profit of $x$ %; that is to say that to $1$ he pays, he adds $x$ percent. So, the sale price looks to be $$P=C \times (1+\frac{x}{100})$$
I am sure that you can take from here.