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 2 years ago
A warehouse club allows non members to shop, but charges them a 10% mark up on all items purchased. If a computer costs $549.99 for members, what is the non member price?
 2 years ago
A warehouse club allows non members to shop, but charges them a 10% mark up on all items purchased. If a computer costs $549.99 for members, what is the non member price?

This Question is Closed

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Ok, I'd start by changing 549.99 to 550$ A tad easier that way

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Ok, so the problem states that 550$ is the normal price, for members. If nonmembers are charged 10% more, that means they pay 110% total. Do you understand why?

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Alright, let me try a different tactic then...

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1First, multiply the member price, 550$ by 10%

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Did you hit percent?

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.110% is not the same as 10

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Drop one more zero. 55

HorseCrazyGirlForever
 2 years ago
Best ResponseYou've already chosen the best response.1How would I get that on a calculator?

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Do you have a percent button? If not, you can also use .10 for 10%

HorseCrazyGirlForever
 2 years ago
Best ResponseYou've already chosen the best response.1No. I will try using the decimal. I got 55

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Ok, excellent! 55 is 10% of 550. So, if you add 55 to the original price of 550, you get the 10% markup, your final answer. Try that, I'll be back in a minute

HorseCrazyGirlForever
 2 years ago
Best ResponseYou've already chosen the best response.1Pure awesomeness! The next question was should a member join the club prior to purchasing the computer if the fee is $40. I said yes.

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1That's right as well

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Do you understand why .10 is equal to 10%?

HorseCrazyGirlForever
 2 years ago
Best ResponseYou've already chosen the best response.1To cover his expenses, Denny marks the price of each item 30% more than his purchase price. What does Denny charge for items that cost him $1.04, $7.23, $9.99 and $42.77?

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Ok, before I give you a hint, try to get the first. 1.04$

HorseCrazyGirlForever
 2 years ago
Best ResponseYou've already chosen the best response.1What do you mean?

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Each item is marked up 30%, so there are four answers here

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Remember on the last problem, you multiplied the original price by .1, for 30%, what would you use?

HorseCrazyGirlForever
 2 years ago
Best ResponseYou've already chosen the best response.1Division?

HorseCrazyGirlForever
 2 years ago
Best ResponseYou've already chosen the best response.1$3.33 is that the answer?

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Hmm, let me see if I can teach you a short way to do this. So you remember in the last problem, you used .10 for 10%?

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1You need to use 30% in this, so what decimal would you use?

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Good. Now he's a little trick. 50% is .50, 85% is .85, and 100% is actually 1

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1If you add your markup decimal (.30) to 1, you get 1.3 Right?

HorseCrazyGirlForever
 2 years ago
Best ResponseYou've already chosen the best response.1Where did the one come from?

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Because the original price is 100% of itself, it's a bit complicated. Point is, if you take that 1.3 and multiply it by each of those prices, you get the correct answer

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1$1.04, $7.23, $9.99 and $42.77 Multiply each by 1.3 on your calculator

HorseCrazyGirlForever
 2 years ago
Best ResponseYou've already chosen the best response.11.34 9.40 12.99 55.60

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Now let me go back and show you something

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1A warehouse club allows non members to shop, but charges them a 10% mark up on all items purchased. If a computer costs $549.99 for members, what is the non member price?

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1You have a 10% Markup here, so take that .10, and add it to 1, like we did just now

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Right, now multiply that by 550. Seem familiar? :)

HorseCrazyGirlForever
 2 years ago
Best ResponseYou've already chosen the best response.1When Denny has a sale he marks the price 15% more than his purchase price. What is the price of each the above items?

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Yep, that trick works for every price mark up problem!

HorseCrazyGirlForever
 2 years ago
Best ResponseYou've already chosen the best response.1Wait! Please help me with the first one.

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Sure, what do you need? Although I need to go kinda soon

HorseCrazyGirlForever
 2 years ago
Best ResponseYou've already chosen the best response.1Ok I just need help with like the first two of this problem.When Denny has a sale he marks the price 15% more than his purchase price. What is the price of each the above items?

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Same prices as before? $1.04, $7.23, $9.99 and $42.77?

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1Ok, same trick as before 15% = .15 .15+1=1.15 1.15 x 1.04$ = 1.19 $ 1.15 x 7.23$ = 8.31$ 1.15 x 9.99$ = 11.49$ 1.15 x 42.77$ = 49.19$

HorseCrazyGirlForever
 2 years ago
Best ResponseYou've already chosen the best response.1You have helped me so much! Thank you so much!

Didgeridoo
 2 years ago
Best ResponseYou've already chosen the best response.1You are very welcome. Good luck with your studies!
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