General Question

Eggie's avatar

Can you help me to work this out?

Asked by Eggie (5921points) December 20th, 2014

If my selling price is $100 and I have a 25%profit, how much is my cost price?

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5 Answers

janbb's avatar

You bought it for $75,00.

janbb (62863points)“Great Answer” (1points) Flag as…
Eggie's avatar

really? how do you know?

Eggie (5921points)“Great Answer” (0points) Flag as…
gailcalled's avatar

I get $80.

x = cost price.

.25x + x = 100.

1.25x = 100.

x = 80.

gailcalled (54644points)“Great Answer” (4points) Flag as…
janbb's avatar

Curses; foiled again.

janbb (62863points)“Great Answer” (3points) Flag as…

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