Question

After an importer paid 30% of the cost of an item in taxes and $65.00 for freight charges, the total bill was $520.00. The cost price of the item was

Answer 1

Step-by-step explanation:

let the cost of the item be y

for taxes

30%of y

30/100×y=3y/10

=0.3y

freight charges =65

total =520

0.3y+65=520

0.3y=520-65

0.3y=455

y=455/0.3

y=$1516.7

y≈$1517