SOLUTION: If Ms. Miller is selling merchandise that is 125% of last year's cost and that cost was $2.00. Would I be wrong to divide $2.00 by 1.25 to find out this year's cost? Please help b

Question 19582: If Ms. Miller is selling merchandise that is 125% of last year's cost and that cost was $2.00. Would I be wrong to divide $2.00 by 1.25 to find out this year's cost? Please help because I'm confused!!!
Answer by xcentaur(357) (Show Source): You can put this solution on YOUR website!
Let the cost be $100 last year.
Then this years cost is $125.

Last year the cost was $2
This year it will be...?

Let the unknown cost be x
So we get,

x=$2.5

-Prabhat

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