SOLUTION: a bookstore has a 40% markup. if the selling price of the book is $42, find the price that the book store pays for the book

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: a bookstore has a 40% markup. if the selling price of the book is $42, find the price that the book store pays for the book      Log On


   

Question 330591: a bookstore has a 40% markup. if the selling price of the book is $42, find the price that the book store pays for the book
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
1.4X=42
X=42/1.4
X=$30 IS THE PRICE THE STORE PAID FOR THE BOOK.