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If the selling price is $75.50 and includes the cost plus 5% of the cost, then what is the cost?

If the selling price is $75.50 and includes the cost plus 5% of the cost, then what is the cost?
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4 votes
If the selling price is $75.50 and includes the cost plus 5% of the cost, then what is the cost?

User Brunobastosg
by
8.2k points

2 Answers

5 votes
The cost is 3.775

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User JohnRudolfLewis
by
8.5k points
6 votes
75.5=1.05x
75.5/1.05=x
71.9=x
Thus your answer is $71.9
User Rishie
by
8.8k points
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