Joshua sold his bike for 10% less than he paid for it. If he sold the bike for $585, how much did he pay for it?
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Answer:
Cost Price=$650
Step-by-step explanation:
Let us assume Cost Price is "x".
Cost Price(a) - Loss = Selling Price
100% of x - 10% of x = $585
90% of x = $585
(90/100)x = $585
x = (585 * 100)/90
x= 58500/90
x= 650
Cost Price= $650
Loss = $65
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