Question

In 2006 the cost of posting a parcel was 4.60 dollars which was 15% more than the cost of posting a parcel in 2005.Find the cost of posting the parcel in 2005

Answer 1

$4

Explanation:

The computation of the cost of posting the parcel in year 2005 is given below:

Since the cost of posting a parcel is $4.60 i.e. 15% more than as compare to 2005

So

The cost of posting a parcel in 2005 is

= $4.60 × 100 ÷ 115

= $4