Got Homework?
Connect with other students for help. It's a free community.
Here's the question you clicked on:
 0 viewing
lilbabydoll7384`
Group Title
A local True Value Hardware Store marks its goods up 38% on cost. If a snowblower cost True Value $400, the selling price would be:
 2 years ago
 2 years ago
lilbabydoll7384` Group Title
A local True Value Hardware Store marks its goods up 38% on cost. If a snowblower cost True Value $400, the selling price would be:
 2 years ago
 2 years ago

This Question is Closed

ihatealgebrasomuch Group TitleBest ResponseYou've already chosen the best response.0
$152? i don't know...
 2 years ago

Harkirat Group TitleBest ResponseYou've already chosen the best response.0
selling price = cost + markup = 400 + 38% of 400 = 400 + 0.38*400 = 400 +152 = 552 so the selling price will be $552
 2 years ago

mathteacher1729 Group TitleBest ResponseYou've already chosen the best response.1
QUICK PRIMER ON PERCENTS 3.6% of a number means "multiply that number by 0.036" 67% of a number means "multiply that number by 0.67" 100% of a number means "multiply that number by 1.00" 105% of a number means "multiply that number by 1.05" So this problem is saying that the original cost of this thing was marked UP by 38%. After (AFTER) the markup, it now $400. So as an equation that means: (ORIGINAL PRICE) + 0.38 times (ORIGINAL PRICE) = 400 We can use "P" for "original price" and have P + 0.38P = 400 Which is just 1.38P = 400 Can you solve for P now? :)
 2 years ago

mathteacher1729 Group TitleBest ResponseYou've already chosen the best response.1
OH MAN I READ IT WRONG. I read it as saying "If True Value sells the thing at 400% AFTER markup,... how much was it worth BEFORE markup?" Sorry 'bout that. Harkirat has it correct.
 2 years ago

lilbabydoll7384` Group TitleBest ResponseYou've already chosen the best response.0
its ok thanks guys!!!
 2 years ago
See more questions >>>
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.