I can't find the proper working for this. If you know how to get to the answer, could you show your steps for working? Thanks.
Problem:
Jake sells his car for $3500. He makes 20% profit. What was the price Jake bought the car for?
I can't find the proper working for this. If you know how to get to the answer, could you show your steps for working? Thanks.
Problem:
Jake sells his car for $3500. He makes 20% profit. What was the price Jake bought the car for?
the percentage(interest) + the original price(base) = $3500
remember the to find the original price divide the percentage by the rate.
to find the percentage multiply rate by the original price
substitute P with R*B. interms of rate and base
original price
check
= P
or
this is how i solved it,
the original price/cist price is