SOLUTION: A store manager lists the selling price of a DVD player at $168. The profit is 20% of the cost. Find the cost.

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Question 1168035: A store manager lists the selling price of a DVD player at $168. The profit is 20% of the cost. Find the cost.
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
profit=0.2 cost
so 168=1.2 cost, since profit is factored into it.
168/1.2=$140, which is the cost.