Respuesta :
The price of the jersey before the mark-up = $76
What is percentage?
"A number that can be expressed as a fraction of 100."
What is an equation?
"It is a mathematical statement which consists of equal symbol between two algebraic expressions."
For given question,
A basketball jersey has been marked up by 25% and is now selling for $95.00
Let 'm' be the price of the jersey before the mark-up.
So, we get an equation,
⇒ m + (25 percent of m) = 95
25 percent of m
= [tex]\frac{25}{100}\times m[/tex]
= 0.25 m
so, the equation becomes,
⇒ m + 0.25 m = 95
⇒ 1.25 m = 95
⇒ m = 76
Therefore, the price of the jersey before the mark-up = $76
Learn more about the equation here:
https://brainly.com/question/649785
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