Question 24696
Let c = Jim's cost for the statue
35% profit OVER cost could have been worded 35% profit PLUS cost. I find
that less confusing
(1 + .35) * c gives me c + (.35) * c which is Jim's cost plus his 35% profit
1.35 * c = 670
c = 670 / 1.35 
c = 496.29
that's a strange answer. Maybe I messed up, but I think the method is OK