jim is able to sell a hand - carved statue for $ 550 which was a 35 % profit over his cost . how much did the statue originally cost him ?
"550 = 1.35 * x x = 550 / 1.35 = 407.407407 . . . which rounds to $ 407.41 , which is ( a ) ."
divide(550, add(divide(35, const_100), const_1))