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Maths help needed

17. A company calculates the price of jobs by adding overheads to the prime cost and then adding 30% to total costs as a profit mark-up. Job number Y256 was sold for £1,690 and incurred overheads of £694. What was the prime cost of the job?

Reply 1

RDKGames

Study Forum Helper

Original post by Kitkat100

What have you tried?

Reply 2

ThatsAGoodOne349

well..
Calculate 100%, seeing as you are looking at a 130% cost.
Then you are left with Prime and Overheads.
I'm sure you can figure out how to find the Prime cost.