SOLUTION: A man sold a watch for $180.00 and lost 16.67%. What was the initial cost of the watch?

Question 1044158: A man sold a watch for $180.00 and lost 16.67%. What was the initial cost of the watch?
Found 2 solutions by josgarithmetic, ikleyn:
Answer by josgarithmetic(39620)   (Show Source): You can put this solution on YOUR website!
He therefore kept of what it initially cost him.
Let c be the initial cost he paid

If you can follow that then good! Just solve for c.
Answer by ikleyn(52814)   (Show Source): You can put this solution on YOUR website!
.
On percentage problems see the lessons
    - Percentage problems
    - Percentage word problems (Type 1 problems, Finding the Part)
    - Percentage word problems (Type 2 problems, Finding the Rate)
    - Percentage word problems (Type 3 problems, Finding the Base)
in this site.

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