Answer:
$41.48
Step-by-step explanation:
From the information given, you know that the price that the bookstore pays for a book is marked up 35% and that the selling price of a book is $56, so to be able to find the amount that the bookstore paid for a specific book, you can write the following equation:
x+0.35x=56, where x is the price the bookstore paid for the book.
Now you can solve for x:
1.35x=56
x=56/1.35
x=41.48
According to this, the bookstore paid $41.48 for this book.
