Answer:
Cost price = $300
Step-by-step explanation:
Let the cost price be = x
Discount % = 5%
Price after discount = $285
Find Cost price .
[tex]Price \ after \ discount = x - (5 \% \ of \ x)\\\\285 = x - \frac{5}{100}x\\\\285 = \frac{100 - 5 }{100} x\\\\95x = 285 \times 100\\\\x = \frac{28500}{95} = \$ 300[/tex]
