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HorseCrazyGirlForever Group Title

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?

  • one year ago
  • one year ago

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  1. Didgeridoo Group Title
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    Ok, I'd start by changing 549.99 to 550$ A tad easier that way

    • one year ago
  2. HorseCrazyGirlForever Group Title
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    ok

    • one year ago
  3. Didgeridoo Group Title
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    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?

    • one year ago
  4. HorseCrazyGirlForever Group Title
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    no

    • one year ago
  5. Didgeridoo Group Title
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    Alright, let me try a different tactic then...

    • one year ago
  6. Didgeridoo Group Title
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    First, multiply the member price, 550$ by 10%

    • one year ago
  7. HorseCrazyGirlForever Group Title
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    5500

    • one year ago
  8. Didgeridoo Group Title
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    Did you hit percent?

    • one year ago
  9. Didgeridoo Group Title
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    10% is not the same as 10

    • one year ago
  10. HorseCrazyGirlForever Group Title
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    Oh.

    • one year ago
  11. HorseCrazyGirlForever Group Title
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    550

    • one year ago
  12. Didgeridoo Group Title
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    Drop one more zero. 55

    • one year ago
  13. HorseCrazyGirlForever Group Title
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    How would I get that on a calculator?

    • one year ago
  14. Didgeridoo Group Title
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    Do you have a percent button? If not, you can also use .10 for 10%

    • one year ago
  15. Didgeridoo Group Title
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    that's 0.10 Not ten

    • one year ago
  16. HorseCrazyGirlForever Group Title
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    No. I will try using the decimal. I got 55

    • one year ago
  17. Didgeridoo Group Title
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    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

    • one year ago
  18. HorseCrazyGirlForever Group Title
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    Ok!

    • one year ago
  19. HorseCrazyGirlForever Group Title
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    $605

    • one year ago
  20. Didgeridoo Group Title
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    You got it :)

    • one year ago
  21. HorseCrazyGirlForever Group Title
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    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.

    • one year ago
  22. Didgeridoo Group Title
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    That's right as well

    • one year ago
  23. HorseCrazyGirlForever Group Title
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    :)

    • one year ago
  24. Didgeridoo Group Title
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    Do you understand why .10 is equal to 10%?

    • one year ago
  25. HorseCrazyGirlForever Group Title
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    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?

    • one year ago
  26. Didgeridoo Group Title
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    Ok, before I give you a hint, try to get the first. 1.04$

    • one year ago
  27. HorseCrazyGirlForever Group Title
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    What do you mean?

    • one year ago
  28. Didgeridoo Group Title
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    Each item is marked up 30%, so there are four answers here

    • one year ago
  29. Didgeridoo Group Title
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    Remember on the last problem, you multiplied the original price by .1, for 30%, what would you use?

    • one year ago
  30. HorseCrazyGirlForever Group Title
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    Division?

    • one year ago
  31. HorseCrazyGirlForever Group Title
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    $3.33 is that the answer?

    • one year ago
  32. Didgeridoo Group Title
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    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%?

    • one year ago
  33. HorseCrazyGirlForever Group Title
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    Yeah.

    • one year ago
  34. Didgeridoo Group Title
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    You need to use 30% in this, so what decimal would you use?

    • one year ago
  35. HorseCrazyGirlForever Group Title
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    .30

    • one year ago
  36. Didgeridoo Group Title
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    Good. Now he's a little trick. 50% is .50, 85% is .85, and 100% is actually 1

    • one year ago
  37. HorseCrazyGirlForever Group Title
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    Ok!

    • one year ago
  38. Didgeridoo Group Title
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    If you add your markup decimal (.30) to 1, you get 1.3 Right?

    • one year ago
  39. HorseCrazyGirlForever Group Title
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    Where did the one come from?

    • one year ago
  40. Didgeridoo Group Title
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    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

    • one year ago
  41. Didgeridoo Group Title
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    $1.04, $7.23, $9.99 and $42.77 Multiply each by 1.3 on your calculator

    • one year ago
  42. HorseCrazyGirlForever Group Title
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    oh ok!

    • one year ago
  43. HorseCrazyGirlForever Group Title
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    1.34 9.40 12.99 55.60

    • one year ago
  44. Didgeridoo Group Title
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    Perfect!

    • one year ago
  45. Didgeridoo Group Title
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    Now let me go back and show you something

    • one year ago
  46. Didgeridoo Group Title
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    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?

    • one year ago
  47. Didgeridoo Group Title
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    You have a 10% Markup here, so take that .10, and add it to 1, like we did just now

    • one year ago
  48. HorseCrazyGirlForever Group Title
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    1.1

    • one year ago
  49. Didgeridoo Group Title
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    Right, now multiply that by 550. Seem familiar? :)

    • one year ago
  50. HorseCrazyGirlForever Group Title
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    When Denny has a sale he marks the price 15% more than his purchase price. What is the price of each the above items?

    • one year ago
  51. HorseCrazyGirlForever Group Title
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    605

    • one year ago
  52. Didgeridoo Group Title
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    Yep, that trick works for every price mark up problem!

    • one year ago
  53. HorseCrazyGirlForever Group Title
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    Wait! Please help me with the first one.

    • one year ago
  54. Didgeridoo Group Title
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    Sure, what do you need? Although I need to go kinda soon

    • one year ago
  55. HorseCrazyGirlForever Group Title
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    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?

    • one year ago
  56. Didgeridoo Group Title
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    Same prices as before? $1.04, $7.23, $9.99 and $42.77?

    • one year ago
  57. HorseCrazyGirlForever Group Title
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    Yes.

    • one year ago
  58. Didgeridoo Group Title
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    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$

    • one year ago
  59. HorseCrazyGirlForever Group Title
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    You have helped me so much! Thank you so much!

    • one year ago
  60. Didgeridoo Group Title
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    You are very welcome. Good luck with your studies!

    • one year ago
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