SOLUTION: An enterpreneur sold a damaged bed sheet for $130.50 thereby making a lost of 13% on the cost price. Determine the cost price of the bedsheet.
Question 1190537: An enterpreneur sold a damaged bed sheet for $130.50 thereby making a lost of 13% on the cost price. Determine the cost price of the bedsheet. Found 2 solutions by ikleyn, Alan3354:Answer by ikleyn(52874) (Show Source): You can put this solution on YOUR website! .
An enterpreneur sold a damaged bed sheet for $130.50 thereby making a lost
of 13% on the cost price. Determine the cost price of the bedsheet.
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Let x be the cost of the bedsheet, at which it was bought somewhen earlier.
Then the equation, describing the problem is
x*(1-0.13) = 130.50,
or
0.87x = 130.50.
It gives x = = 150 dollars, which is your ANSWER.
Solved.
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Alan, this bedsheet is an antique requisite from a palace . . .