SOLUTION: the markup on a rug is $56. if the dealer uses a 35% markup on the cost,what was the cost of the rug ?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: the markup on a rug is $56. if the dealer uses a 35% markup on the cost,what was the cost of the rug ?      Log On


   

Question 434877: the markup on a rug is $56. if the dealer uses a 35% markup on the cost,what was the cost of the rug ?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
56/0.35=$160