Find the cost price of the paint, if the profit is 30% on the cost price

paint at the local hardware store is sold at a profit of 30% on the cost price. if a drum of paint is sold for $67.50, find the cost price

1.3 x = 67.5
x = 51.92

check
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If you take 30% of 51.92 you get 15.58
If you now add the two together 51.92 + 15.58 = 67.50 which is what you should get.

cost price(1.30)=$67.50
cost price=67.5/1.3=$51.92
God bless you.

Profit = 30% * cost price
= 30% * $67.50
= .30 * $67.50
= $20.25