Question

A sofa was sold at a price of $270 with a 25% profit. What is the cost of the sofa?

Answer 1

The cost of the sofa is $216

Explanation:

The sofa was sold at cost plus 25% profit

let the cost of the sofa be = x

therefore x + 25% of x = 270

x + .25x = 270

1.25x = 270

1.25x/1.25 = 270/1.25

x = $216