Quandaries and Queries |
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hi sir/madam iam mohamed 10-12 i want to ask you : (if i bought some thing with 100$ and the saller told me that his profit was 30% how can i know the actual price of the good) thanks Mohamed Hi Mohamed, The seller bought this item for some amount you don't know, So I am going to call it x$. He then added 30% of this amount (that is his profit) and the resulting price was 144$. Thus x + 30/100 x = 100 x = 100/1.3 = 76.92$ |
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