SOLUTION: The parts department profits is 12 percent on a new magneto. How much did the magneto cost if selling price is 145.60

SOLUTION: The parts department profits is 12 percent on a new magneto. How much did the magneto cost if selling price is 145.60

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Question 548790: The parts department profits is 12 percent on a new magneto. How much did the magneto cost if selling price is 145.60
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
145.60/1.12=$130.00
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