Answer:
$200
Step-by-step explanation:
Given :
Cost of blender + import duty = $240
Import duty = 20% of cost price
Let :
Cost of blender = x
Import duty = 20% of x = 0.2x
Therefore,
x + 0.2x = $240
1.2x = 240
x = 240 / 1.2
x = $200
Cost of blender = $200
