A store marks up an item's cost by 40% to set the selling price. If the selling price is , what was the original cost?
- A. ✓
- B.
- C.
- D.
Correct answer
A.
Explanation
If cost × 1.40 = , then cost = ÷ 1.40 = .
Related MCQs
- If a company's revenue increased by 20% to reach ;000; what was the original revenue?
- A train travels 240 miles in 4 hours. At the same rate; how long will it take to travel 360 miles?
- Identify the logical flaw in this argument: "Every successful entrepreneur dropped out of college; so dropping...
- If x and y are positive integers and 3x = 5y; which of the following could be the value of x?
- A store marks up an item's cost by 40% to set the selling price. If the selling price is ; what was the ori...
- If the average of 5 consecutive integers is 14; what is the largest integer?