An item is sold for £305. If this includes a mark up of 7%. Find the buying in price
1 answer:
Answer:
Let the original price be 'x'
7/100 * x + x = 305
(7x+100x)/100 = 305
107x = 305 * 100
107x= 30500
x= 30500/107
x= 285.04
Therefore, the original buying price is £ 285.04
Hope you understood......
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