Question

A computer sells for $995, which is marked up 35% of the selling price. the cost of the computer is:

Answer 1

Cost price = 0.65 x 995 = $646.75

Answer 2

Answer:

Hence, cost price of computer is:

$ 737.037.

Step-by-step explanation:

It is given that:

The selling price of a computer is: $ 995.

Also the computer was marked up 35% above the cost price.

let the cost price of computer be x.

i..e the selling price of the computer is 135% of x

this implies that

   $995= \dfrac{135}{100}\times x \\\\x= \dfrac{100}{135}\times 995\\ \\x=737.037$

Hence, cost price of computer is:

$ 737.037.