Question 217994: the selling price of a television set is 360. the profit is %20 of the cost. find the cost of the television set Found 2 solutions by stanbon, rfer:Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! the selling price of a television set is 360. the profit is %20 of the cost. find the cost of the television set
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selling price = cost + (20%)(cost
360 = 1.20*cost
cost = 360/1.20 = $300
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Cheers,
Stan H.
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