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OpenStudy (anonymous):
Find the cost price if the selling price is $55 after a profit of 10%
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OpenStudy (jack1):
selling price = cost price x 1.1
OpenStudy (jack1):
the 1.1 accounts for the 10% profit
OpenStudy (anonymous):
apply the simple formula of sales price
OpenStudy (anonymous):
observe the question what do you see in it..... sales price and %discount
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