SOLUTION: jim is able to sell a hand-carved statue for $670 which was a 35% profit over his cost. How much did the statue originally cost him? please break it down
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Question 391809: jim is able to sell a hand-carved statue for $670 which was a 35% profit over his cost. How much did the statue originally cost him? please break it down Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! jim is able to sell a hand-carved statue for $670 which was a 35% profit over his cost. How much did the statue originally cost him? please break it down
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Let his cost be "x".
Equation:
x + 0.35x = 670
1.35x = 670\
x = $496.30
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Cheers,
Stan H.
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