Therefore the selling price is $ 58,000
How to find the selling price
Let's work out the formula:
3480 is equivalent to 0.06x.
The equation can be resolved by dividing both sides by 0.06.
How to solve it:
1. Divide both sides by 0.06:
3480 /0.06 = 0.06x/0.06
2. Now, calculate the value:
x= 3480/0.06≈58,000
Answer:
x=58000