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Pre-AlgebraSuperchallenge

Pre-Algebra · Superchallenge problem

A store sells a lamp at a price that gives a 20%20\% profit on its cost. If the store's cost had been 10%10\% lower and the selling price $6\$6 lower, the profit would have been 25%25\% of the new, lower cost. What is the store's actual cost for the lamp, in dollars?

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