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شائع Word Problems >

A distributor sells a product for 62 to his customers in which his mark-up rate is 5%. What is the cost of the product? Be sure to round your answer to the nearest cent.

الحلّ

A d i s t r ib u t or se ll s a p ro d u c t f or 62 t o hi s c u s t o m ers in w hi c h hi s ma r k - u p r a t e i s 5%. Wha t i s t h e cos t o f t h e p ro d u c t ? B e s u re t o ro u n d yo u r an s w er t o t h e n e a res t ce n t .

الحلّ

Amount before addition : 59.04761 \dots

خطوات الحلّ

Translate the problem into an equation:

62 = x + 0.05 x

62 = x + 0.05 x : x = \frac{1240}{21}

\frac{1240}{21} = 59.04761 \dots

Amount before addition : 59.04761 \dots

أمثلة شائعة

2000 was deposited into an account with an APR of 4.3%. What is the balance after 5 year?9 less than nine times a number.The diameter of a circle is 10 in. Find its area in terms of pi 8 times a number plus 3 times the number is the same as 9 more than 12 times the number. find the number beth is 8 years older than her brother. next year she will be twice as old as her brother. how old is beth now?