document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=107646>Question 107646</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/0536965943/algebrahomeworkh>beggining algebra</A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> 21. A student at the university of New Orleans makes money by buying and selling used cars.  Charles bought a used car and later sold it for a 20% profit.  If he sold it for $4680, how much did Charles pay for the car?\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #78414 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=78414\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Charles bought a used car and later sold it for a 20% profit.  If he sold it for $4680, how much did Charles pay for the car?\r<BR>\n" );
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document.write( "Let the price he paid equal \"x\".<BR>\n" );
document.write( "EQUATION:<BR>\n" );
document.write( "x + 0.20x = 4680<BR>\n" );
document.write( "1.2x = 4680<BR>\n" );
document.write( "x = $3900 (price he paid for the car.<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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