Problema Solution

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?

Answer provided by our tutors

im 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?

selling price of thestatue is = $670

cost price of the statue is =100/135*670 =$496

 

$496 is the original cost of the dtatue