SOLUTION: The normal selling price of a laptop computer was $720. After a discount of 25%, the laptop computer still cost 20% more than the cost price. What was the cost price of the lap

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Question 955007: The normal selling price of a laptop computer was $720.
After a discount of 25%, the laptop computer still cost 20% more than the cost price.
What was the cost price of the laptop computer?

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +x+ = cost price
+720+-+.25%2A720+=+x+%2B+.2x+
+.75%2A720+=+1.2x+
+540+=+1.2x+
+x+=+450+
The cost price was $450