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The selling price of lumber at Home Depot is $4,000, percent markup on cost is 30%. Calculate the actual cost. (Round your answer
to the nearest cent.)

Respuesta :

tracy3218

Step-by-step explanation:

Selling Price=$4000

Profit Percent=30%

Cost Price;

[tex] \frac{100}{100 + pp} \times 4000 [/tex]

[tex] \frac{100}{100 + 30} \times4000 [/tex]

[tex] \frac{100}{130} \times 4000 [/tex]

[tex] \frac{10}{13} \times 4000[/tex]

[tex] \frac{40000}{13} [/tex]

$3,076.923

=$3,077.000

I am not really Good at rounding forgive me Confirm from someone please.

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