2006-12-06 20:41:03 · 12 answers · asked by Jennifer 1 in Science & Mathematics ➔ Mathematics
subtract 35% from $670 and you will get the answer.
2006-12-06 20:42:53 · answer #1 · answered by Trollhair 6 · 0⤊ 0⤋
It is an easy problem,I think.
Let the cost be x.
so the selling price will be,x+((x*35)/100).
It is equal to $670.
So,x+((x*35)/100)=670 dollar
=>x=496.296 dollar
2006-12-07 04:47:17 · answer #2 · answered by Partha G 1 · 0⤊ 0⤋
selling price, P, is $670
he makes a 35% profit over the cost, which means that the selling price, P, is 35% more than the cost, C:
P = 1.35 x C
so C = P / 1.35 = $496.30
2006-12-07 04:53:11 · answer #3 · answered by AntoineBachmann 5 · 0⤊ 0⤋
Question incomplete. If you want cost price of the statue, it would be 670/1.35 = $ 496.30
2006-12-07 04:46:52 · answer #4 · answered by Srinivas c 2 · 0⤊ 0⤋
Take bought prc as x
(670 - x) / x * 100 = 35
Solving this gives you, x = 496.29
2006-12-07 04:51:28 · answer #5 · answered by Babygirl 3 · 0⤊ 0⤋
if a thing is sold with a profit then selling price(sp) is more than the cost price(cp) or: sp =cp+profit
we want cp, so cp = sp -profit
profit/loss is always calculated on cost price,
therefore cp = sp - (35% of cp) = sp - [(35/100)*cp] =sp-0.35*cp
=> cp(1+0.35) =sp
=> cp = sp/1.35
substitute the values:
cp = $670/1.35 = $496.29
2006-12-07 04:51:35 · answer #6 · answered by anami 3 · 0⤊ 0⤋
x + 0.35x = 670
x = 670 / 1.35
x = 496.3$
2006-12-07 04:46:29 · answer #7 · answered by jimmy 1 · 0⤊ 0⤋
100/135* 670
496.3
2006-12-07 04:45:41 · answer #8 · answered by lUnJ@ 3 · 1⤊ 0⤋
He did $435.5
2006-12-07 04:51:40 · answer #9 · answered by Anonymous · 0⤊ 0⤋
$496.29
2006-12-07 04:54:06 · answer #10 · answered by Anonymous · 0⤊ 0⤋