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MrRa [10]
3 years ago
6

a refigerator was sold $890. this price included a 30% mark-up on the cost price. calculate the cost price

Mathematics
2 answers:
miss Akunina [59]3 years ago
8 0
Cost price is $684.62

Given:
Sales price = $890
Mark-up on cost price = 30%
Cost Price = ?

The sales price includes the 30% mark-up on cost price. This means that the cost price is the 100% and the Sales price is 130% of the cost price. To get the cost price, we need to divide the sales price by its percentage.

Sales price :          130%     $890
Cost price              100%
Mark-up on cost      30%

890 ÷ 130% = 684.62

to check:
684.62 * 30% = 205.39
684.62 + 205.38 = 890
kobusy [5.1K]3 years ago
3 0
If you would like to calculate the cost price, you can do this using the following steps:

100% + 30% = 130%

130% of x is $890
130% * x = 890
130/100 * x = 890    /*100/130
x = 890 * 100 / 130
x = $684.62

Result: The cost price was $684.62.
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rewona [7]

Answer:

50 km/hr

Step-by-step explanation:

OK, this is how I solved this problem.

Let r = original rate of speed

     t = time after the stop to finish the trip

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(2)    1.5r + t(r + 10) = 225     This is a distance equation

(1)       2 + t = 225/r            (2)      1.5r + tr + 10t = 225

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                tr = 225 - 2r                 1.5r + 225 - 2r + 10(225/r - 2) = 225

                t = 225/r - 2

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                                                       5r^2 + 200r - 22500 = 0

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                                                                 r = 50   or    r = -90

The rate cannot be negative, so the original speed 50 km/hr

This not an easy problem and I hope you were able to follow my work

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