A businesswoman sold a damaged bedspread for $130.50 thereby making a loss 0f 13% on the cost price. Determine the cost price of the bedspread.

answer: 180

step-by-step explanation:

12-2=10

20-2=18

10x18=180

unpaid balance is : $149.99-$50 = $99.99 new balance = 149.99+2.62-50 = $102.61 finance charge = 99.99- 0.21/12= $1.75 new balance = 99.99+1.75 = $101.74 average daily balance method average daily balance= 3399.70/30 = $113.32 finance charge = $ 0.21/12ă—113.32 = $1.98 new balance = $149.99-50+1.98 = $101.97

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step-by-step explanation: