To find the cost of the computer, we first need to determine the selling price. We know that the selling price is marked up by 35% of the selling price. Let's assume the cost of the computer is represented by C.
Given that the selling price is marked up by 35%, we can write the equation:
Selling price = Cost + Mark up
$995 = C + 35% of C
To calculate 35% of C, we multiply C by 0.35:
0.35C
Therefore, the equation becomes:
$995 = C + 0.35C
Combining like terms:
$995 = 1.35C
To isolate C, we divide both sides of the equation by 1.35:
C = $995 / 1.35
Calculating the value on the right side of the equation:
C = $737.04
Therefore, the cost of the computer is $737.04.
The computer sells for $995 which is marked up 35% of the selling price. The cost of the computer is.
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