SOLUTION: If I sold a car for $4680.00 and made a 20% profit, how much did I pay for the car ? how do I figure this out ?

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: If I sold a car for $4680.00 and made a 20% profit, how much did I pay for the car ? how do I figure this out ?      Log On


   

Question 345352: If I sold a car for $4680.00 and made a 20% profit, how much did I pay for the car ? how do I figure this out ?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
4680 is 120% of what you paid
4680/1.2=$3900