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John sold a generator and made a profit o $98, which is equal to 4 1/4 percent of the cost price.What was the cost of the Generator?​

John sold a generator and made a profit o $98, which is equal to 4 1/4 percent of the cost price.What was the cost of the Generator?​
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4 votes
John sold a generator and made a profit o $98, which is equal to 4 1/4 percent of the cost price.What was the cost of the Generator?​

asked
User Timss
by
7.7k points

1 Answer

3 votes

Divide the profit by the percentage:

98 / 0.0425 = 2305.88

The cost was $2,305.88

answered
User Davost
by
8.6k points
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