SOLUTION: a college bookstore marks up the price that it pays the publisher for a book by 35%. If the selling of a book is $92.00, 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 35%. If the selling of a book is $92.00, how much did the bookstore pay for this book?

Algebra.Com

Question 260187: a college bookstore marks up the price that it pays the publisher for a book by 35%. If the selling of a book is $92.00, how much did the bookstore pay for this book?
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
When the book store sells the book at $135 the purchase price would be $100. ( since mark up is 35%)
When they sell the book at $92 then the price will be
135--------- 100
92----------- ?
92*100/135
= $68.15
Ananth
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