SOLUTION: Jim is able to sell a hand-carved statue for $670 which was a 35% profit over his cost. How much did the statue originally cost him?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Jim is able to sell a hand-carved statue for $670 which was a 35% profit over his cost. How much did the statue originally cost him?      Log On


   



Question 345151: Jim is able to sell a hand-carved statue for $670 which was a 35% profit over his cost. How much did the statue originally cost him?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
670/1.35=496.30