SOLUTION: A student sells his car for $4860. He made a 20% profit. What was the original price of the car.

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Question 99049: A student sells his car for $4860. He made a 20% profit. What was the original price of the car.
Answer by 303795(595) About Me  (Show Source):
You can put this solution on YOUR website!
If this includes his profit then it is 120% of the original amount.
Find the original amount by finding 100%2F120 of the $4860.
%28100%2F120%29+%2A4860
=$4050