A bookseller sells his books at a 15% markup in price. If he sells a book for $23.00, how much did he pay for it? Select
A) $14.40	B) $14.00	C) $21.00	D) $19.60	E) $20.00
Let the cost price of book = x   Selling price of book = 23$   Markup % = 15   (115/100)x = 23   =&gt; x = 20   Answer $20.00
<result>E</result>
A bookseller sells his books at a 15% markup in price. If he sells a book for $23.00, how much did he pay for it?