SOLUTION: Jim is able to sell a hand-carved statue for $670.00 which was 35% profit over his cost. How much did the statue originally cost him?

Question 9594: Jim is able to sell a hand-carved statue for $670.00 which was 35% profit over his cost. How much did the statue originally cost him?
Found 2 solutions by askmemath, Tabitha26:
Answer by askmemath(368) (Show Source): You can put this solution on YOUR website!
Let Cost PRice = $100
Profit % = 35%
That means on $100 the profit was $35 => Selling Price was $135
If $670 is the selling price,how much will cost price be?

(670/135) X 100 .Solve!!
Answer by Tabitha26(1) (Show Source): You can put this solution on YOUR website!
$646.55
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