General Question

Eggie's avatar

Can you help me to work this out?

Asked by Eggie (5865points) 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.

Eggie's avatar

really? how do you know?

gailcalled's avatar

I get $80.

x = cost price.

.25x + x = 100.

1.25x = 100.

x = 80.

janbb's avatar

Curses; foiled again.

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