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January 27, 2015

January 27, 2015

Posted by **Simran kaur** on Sunday, November 25, 2012 at 11:15pm.

- Math -
**Steve**, Monday, November 26, 2012 at 12:23amif the cost is c,

1.05c - 490 = .98c

c = 7000

check:

sold it for 7000 * 1.05 = 7350

if sold for 490 less (6860) he'd have lost 140, or .02*7000, a 2% loss.

OK!

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