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Dimas [21]
11 months ago
13

A store prices tapes by raising the wholesale price 50% and adding 25 cents .What must a tape's wholesale price be if the tape s

ells for $1.99
Mathematics
1 answer:
Andre45 [30]11 months ago
5 0

Let's call the store value as s and the wholesale price as w. A store prices tapes by raising the wholesale price 50%(0.5 in decimals) and adding 25 cents, writing this as an equation, we have

s(w)=w+0.5w+0.25

If we invert the equation we're going to find the the wholesale price as a function of the store price.

\begin{gathered} s=w+0.5w+0.25 \\ s=1.5w+0.25 \\ s-0.25=1.5w \\ w(s)=\frac{s-0.25}{1.5} \end{gathered}

Now, to find the wholesale price if the sales price is $1.99, we just need to evaluate s = 1.99 on the function we created.

w(1.99)=\frac{1.99-0.25}{1.5}=1.16

The wholesale price is $1.16.

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