SOLUTION: The selling price of an article is $30. IF the markup is 22% of the cost, what is the cost of the article?

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Question 59487: The selling price of an article is $30. IF the markup is 22% of the cost, what is the cost of the article?
Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
IF THE COST IS INCREASED BY 22% OF THE PRICE THEN
$30*1.22=$36.60 FOR THE COST OF THE ARTICLE.