Question

A computer sells for $995, which is marked up 35% of the selling price. the cost of the computer is:

Answer 1

Hence, cost price of computer is:

$ 737.037.

Explanation:

It is given that:

The selling price of a computer is: $ 995.

Also the computer was marked up 35% above the cost price.

let the cost price of computer be x.

i..e the selling price of the computer is 135% of x

this implies that

`995= (135)/(100)* x \\\\x= (100)/(135)* 995\\ \\x=737.037`

Hence, cost price of computer is:

$ 737.037.

Answer 2

cost price = 0.65 x 995 = $646.75