SOLUTION: At a particular store, the ratio of profit to cost price is 1 1/6: 1 1/5. If the profit of a particular item is $310, what is the selling price of that item?

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Question 1127901: At a particular store, the ratio of profit to cost price is 1 1/6: 1 1/5. If the profit of a particular item is $310, what is the selling price of that item?
Answer by MathLover1(20850) About Me  (Show Source):
You can put this solution on YOUR website!
the ratio of profit to cost price is
+1+1%2F6: 1+1%2F5 or7%2F6%3A6%2F5
If the profit of a particular item is $310, what is the selling price p of that item
7%2F6%3A6%2F5=310%3Ap
%287%2F6%29%2F%286%2F5%29=310%2Fp
35%2F36=310%2Fp
35p=310%2A36
35p=310%2A36
p=318.88