help! The cost price of an article is $63. This represents 20% of the selling price. Calculate the selling price before taxes.
Selling Price times (1 - Gross Profit % as a decimal) So, if your selling price is $20 and your gross profit is 30%: 20 x (1 - .3) = 20 x .7 = $14 tell me what you get
I don't know im not smart
try we cant give answers
b-b-but I don't get it, nothing makes sense here!!!! (sad face)
Darn....Man I need help!
You want to buy something that costs $63, and it's on sale for 20% off. What is the item's sale price? First, convert the 20% to a real mathematical number. For percents, this is always done by dividing the 20% by 100%, or 20% / 100% = 0.200. Second, find out what 20% of $63 is. This is the amount of the sale discount. This is always found by mulitplying 0.200 by the item's cost $63, like this: 0.200 x $63 = $12.60. So for this sale, you'll save $12.60 on this item. This means, the cost of the item to you is $63 - $12.60 = $50.40. Alternatively, you can think about it this way. The item is 20% off. This means you'll pay 80.000% of the total cost (100% - 20% = 80.000%). Now what's 80.000% of the total cost?
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