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?

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- Feb 4th 2009, 09:20 PM.Twilighted.Can't Find Cost Price
*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?* - Feb 5th 2009, 01:38 AMprincess_21

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