SOLUTION: A store sells an item for 4/5 of the cost paid by the store plus the cost paid by the store. The idtem sells for $6.30. How much did the store pay?
Algebra ->
Exponents-negative-and-fractional
-> SOLUTION: A store sells an item for 4/5 of the cost paid by the store plus the cost paid by the store. The idtem sells for $6.30. How much did the store pay?
Log On
Question 57563: A store sells an item for 4/5 of the cost paid by the store plus the cost paid by the store. The idtem sells for $6.30. How much did the store pay? Answer by rcmcc(152) (Show Source):
You can put this solution on YOUR website! in reading the question you can see that the store is selling the item for 4/5 more than what they paid for the item, hence they make 4/5ths profit.
since the total price is 1and 4/5 you can divide the sale price to find the price the store paid,
6.30/1.80= 3.50
the store paid $3.50 for the item.
