SOLUTION: A college bookstore marks up the price that it pays the publisher for a book by 40% If the selling price of a book is $62.00 how much did the bookstore pay for this book?

Question 1186405: A college bookstore marks up the price that it pays the publisher for a book by 40% If the selling price of a book is $62.00 how much did the bookstore pay for this book?
Answer by ikleyn(52786) (Show Source): You can put this solution on YOUR website!
.
A college bookstore marks up the price that it pays the publisher for a book by 40% If the selling price
of a book is $62.00 how much did the bookstore pay for this book?
~~~~~~~~~~~~~~~

If x is the price the bookstore pays to the publisher,

then they mark up the book price (x + 0.4x) dollars,

which is the same as  1.4x dollars.


So,

    1.4x = 62   dollars,


and you find  x =   = 44.28571429  dollars =  44.28  dollars.

Solved.

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I am more than 100% sure that the number 62 dollars in your post is a MISTAKE -
it is why the answer is so ugly.

63 dollars in the input would give much better rounded answer.

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SOLUTION: A college bookstore marks up the price that it pays the publisher for a book by 40% If the selling price of a book is $62.00 how much did the bookstore pay for this​ book?

SOLUTION: A college bookstore marks up the price that it pays the publisher for a book by 40% If the selling price of a book is $62.00 how much did the bookstore pay for this book?