Question 22994
Let x = cost.
.35x = profit


Cost + Profit = Selling price
x + .35x = 670
1.00 + .35x = 670
1.35x = 670


Divide both sides by 1.35:
x= 670/1.35= $496.30 approximately


It usually comes out more even than this, but such is life sometimes.  I still think it is correct.


R^2 at SCC