SOLUTION: Property sold for $120,000, 15% more than when it was bought. What was the original cost?

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Question 47136: Property sold for $120,000, 15% more than when it was bought. What was the
original cost?
Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
X*1.15=120000 OR 1.15X=120000 OR X=120000/1.15 OR X=$104347.82