Question

A paper is sold for Php60.00, which is 150% of the cost. How much is the store's cost?

Answer 1

The store's cost is php40

Let's call the store Cost = C

This means that this cost is elevated a 150% in order to get the price of php60

In an mathematical expression, this is:

C · 150% = php60

Then, let's convert the percentage to decimal. To do this, we just divide the percentage by 100:

150% ÷ 100 = 1.5

Now we can solve:

`\begin{gathered} C\cdot1.5=60 \\ C=(60)/(1.5)=40 \end{gathered}`

Then the store cost is C = php40