SOLUTION: cost price of swing= x selling price= $19.50 wassim makes a profit of 30% when he sells a swing. calculate the cost price, $x of swing

Algebra ->  Finance -> SOLUTION: cost price of swing= x selling price= $19.50 wassim makes a profit of 30% when he sells a swing. calculate the cost price, $x of swing      Log On


   



Question 780886: cost price of swing= x
selling price= $19.50
wassim makes a profit of 30% when he sells a swing. calculate the cost price, $x of swing

Answer by Cromlix(4381) About Me  (Show Source):
You can put this solution on YOUR website!
Wassim made a profit of 30%
130% = $19.50
1% = $19.50/130
1% = 0.15
100% = 0.15 * 100
Cost price = $15
Hope this helps.
:-)