SOLUTION: A college bookstore marks up the price that it pays the publisher for a book by 40% If the selling price of a book is $62.00 how much did the bookstore pay for this​ book?

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Question 1186405: A college bookstore marks up the price that it pays the publisher for a book by 40% If the selling price of a book is $62.00 how much did the bookstore pay for this​ book?
Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
.
A college bookstore marks up the price that it pays the publisher for a book by 40% If the selling price
of a book is $62.00 how much did the bookstore pay for this​ book?
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If x is the price the bookstore pays to the publisher,

then they mark up the book price (x + 0.4x) dollars,

which is the same as  1.4x dollars.


So,

    1.4x = 62   dollars,


and you find  x =  62%2F1.4 = 44.28571429  dollars =  44.28  dollars.    

Solved.


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I am more than  100%  sure that the number  62  dollars in your post is a  MISTAKE -
it is why the answer is so ugly.


63  dollars in the input would give much better rounded answer.