SOLUTION: A textbook costs a bookstore $56, and the store sells it for $70. Find the rate of profit based on the selling price.

Algebra ->  Polynomials-and-rational-expressions -> SOLUTION: A textbook costs a bookstore $56, and the store sells it for $70. Find the rate of profit based on the selling price.       Log On


   

Question 457071: A textbook costs a bookstore $56, and the store sells it for $70. Find the rate of profit based on the selling price.
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
70-56=14
14/70=0.2=20%