Question:

Percentage,cost price?

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The cost price of a computer is $1800.The shop owner earns 30% on the cost price,(a)What is the selling price of the computer? (b) If the same computer is now sold for $2070,what will be the percentage of the shop owner's earnings be??

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  1. 1800=0.7x

    1800/0.7=x

    $2571.43 (rounded to nearest cent)

    2070-1800 = profit

    2070-1800 = 270

    270/2070 = percent profit

    13% = percent profit (rounded to nearest percent)

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