Question 545664
 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?
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Let his cost be "x":
Equation:
x + 0.35x = 670
1.35x = 670
x = 670/1.35
x = $496.30
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Cheers,
Stan H.
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A. $496.30 
B. $512.40 
C. $555.40 
D. $574.90 
E. $588.20 
the answer is A $496.30