document.write( "Question 545664: Good evening, I need assistance with this interest problem and would greatly appreciate your help. Jim is able to sell a hand-carved statue for $670 which was a 35% profit over his cost. How much did the statue originally cost him? \r
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document.write( "A. $496.30
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document.write( "B. $512.40
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document.write( "C. $555.40
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document.write( "D. $574.90
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document.write( "E. $588.20 \r
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document.write( " the answer is A $496.30 but I do not understand how they have got the solution to that problem. what I have gotten so far is that I multiplied 670 with .35 and the answer is 234.5 then I took the answer and subtracted it from 670 which the answer 435.5 \r
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Algebra.Com's Answer #355654 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Jim is able to sell a hand-carved statue for $670 which was a 35% profit over his cost. How much did the statue originally cost him? \n" ); document.write( "---- \n" ); document.write( "Let his cost be \"x\": \n" ); document.write( "Equation: \n" ); document.write( "x + 0.35x = 670 \n" ); document.write( "1.35x = 670 \n" ); document.write( "x = 670/1.35 \n" ); document.write( "x = $496.30 \n" ); document.write( "================= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "================= \n" ); document.write( "A. $496.30 \n" ); document.write( "B. $512.40 \n" ); document.write( "C. $555.40 \n" ); document.write( "D. $574.90 \n" ); document.write( "E. $588.20 \n" ); document.write( "the answer is A $496.30 \n" ); document.write( " |