Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

HorseCrazyGirlForever

  • 3 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
  1. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Ok, I'd start by changing 549.99 to 550$ A tad easier that way

  2. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    ok

  3. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Ok, 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?

  4. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    no

  5. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Alright, let me try a different tactic then...

  6. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    First, multiply the member price, 550$ by 10%

  7. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    5500

  8. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Did you hit percent?

  9. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    10% is not the same as 10

  10. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Oh.

  11. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    550

  12. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Drop one more zero. 55

  13. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    How would I get that on a calculator?

  14. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Do you have a percent button? If not, you can also use .10 for 10%

  15. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    that's 0.10 Not ten

  16. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    No. I will try using the decimal. I got 55

  17. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Ok, 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

  18. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Ok!

  19. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    $605

  20. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    You got it :)

  21. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Pure awesomeness! The next question was should a member join the club prior to purchasing the computer if the fee is $40. I said yes.

  22. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    That's right as well

  23. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    :)

  24. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Do you understand why .10 is equal to 10%?

  25. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    To 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?

  26. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Ok, before I give you a hint, try to get the first. 1.04$

  27. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    What do you mean?

  28. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Each item is marked up 30%, so there are four answers here

  29. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Remember on the last problem, you multiplied the original price by .1, for 30%, what would you use?

  30. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Division?

  31. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    $3.33 is that the answer?

  32. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Hmm, 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%?

  33. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Yeah.

  34. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    You need to use 30% in this, so what decimal would you use?

  35. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    .30

  36. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Good. Now he's a little trick. 50% is .50, 85% is .85, and 100% is actually 1

  37. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Ok!

  38. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    If you add your markup decimal (.30) to 1, you get 1.3 Right?

  39. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Where did the one come from?

  40. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Because 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

  41. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    $1.04, $7.23, $9.99 and $42.77 Multiply each by 1.3 on your calculator

  42. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    oh ok!

  43. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    1.34 9.40 12.99 55.60

  44. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Perfect!

  45. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Now let me go back and show you something

  46. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    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?

  47. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    You have a 10% Markup here, so take that .10, and add it to 1, like we did just now

  48. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    1.1

  49. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Right, now multiply that by 550. Seem familiar? :)

  50. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    When Denny has a sale he marks the price 15% more than his purchase price. What is the price of each the above items?

  51. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    605

  52. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Yep, that trick works for every price mark up problem!

  53. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Wait! Please help me with the first one.

  54. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Sure, what do you need? Although I need to go kinda soon

  55. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Ok 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?

  56. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Same prices as before? $1.04, $7.23, $9.99 and $42.77?

  57. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Yes.

  58. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Ok, 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$

  59. HorseCrazyGirlForever
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    You have helped me so much! Thank you so much!

  60. Didgeridoo
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    You are very welcome. Good luck with your studies!

  61. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy