Acustomer just paid $35,620 for a delivery van. if the percent markup based on cost is 30%, what was the cost?

The original cost was $27,400.

Step-by-step explanation:

Since we have given that

Amount he paid for a delivery van = $35,620

Rate of markup = 30%

We need to find the cost.

Let the cost of delivery van would be 'x'.

So, Amount of markup would be

Amount after mark up would be

According to question, it becomes,

Hence, the original cost was $27,400.