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Adam's gallery bought a photograph for $250 and marked it up $100. What was the list price?
A$150
B$250
C$350
D$400
Answer & Solution
Correct answer: C. $350
1. The list price equals the original cost plus the amount of mark-up.
2. Substitute the known values: list price equals 250 plus 100.
3. Adding gives a list price of $350.
4. Check that this makes sense: $350 is indeed more than the original cost of $250.
_Source: OpenStax Elementary Algebra (CC BY 4.0), Ch 3 "Math Models", section 3.2 Solve Percent Applications_
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