A college bookstore marks up the price that it pays the publisher by 25%. If the selling price of a book is $56.00, how much did the bookstore pay for the book

The bookstore pay $44.8 for the book.

Step-by-step explanation:

It is given that, a college bookstore marks up the price that it pays the publisher by 25%.

We need to find out the price the bookstore pay for the book, if the selling price of a book is $56.

Let us take,

The price of the book paid to the publisher be 'x'. We already know that the price of the book is $56.

To find the value of x:

⇒ x + 25% of x = 56

⇒ x + 0.25x = 56

Solving for x,

⇒ 1.25x = 56

⇒ x = 56 / 1.25

⇒ x = $44.8

Therefore, the bookstore pay $44.8 for the book.