General Question

Eggie's avatar

Can you help me to work this out?

Asked by Eggie (5926points) December 20th, 2014

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

Observing members: 0 Composing members: 0

5 Answers

janbb's avatar

You bought it for $75,00.

janbb (63400points)“Great Answer” (1points) Flag as…
Eggie's avatar

really? how do you know?

Eggie (5926points)“Great Answer” (0points) Flag as…
gailcalled's avatar

I get $80.

x = cost price.

.25x + x = 100.

1.25x = 100.

x = 80.

gailcalled (54647points)“Great Answer” (4points) Flag as…
janbb's avatar

Curses; foiled again.

janbb (63400points)“Great Answer” (3points) Flag as…

Answer this question

Login

or

Join

to answer.

This question is in the General Section. Responses must be helpful and on-topic.

Your answer will be saved while you login or join.

Have a question? Ask Fluther!

What do you know more about?
or
Knowledge Networking @ Fluther