SOLUTION: I am trying to find out the price and item should be when I know the margin and cost. Say: X - 11 = .31 ------- X I know it's simple but it's been a while. I've tried mov

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Question 140492: I am trying to find out the price and item should be when I know the margin and cost. Say:
X - 11 = .31
-------
X
I know it's simple but it's been a while. I've tried moving things around and got
X = cost
----
.31 but that doesn't work
Thanks for the help

Answer by jim_thompson5910(35256)   (Show Source): You can put this solution on YOUR website!
Are you trying to solve for x?

Start with the given equation


Multiply both sides by x


Subtract x from both sides


Combine like terms on the right side


Divide both sides by -0.69 to isolate x


Divide


So our answer is

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