A dealer sold a stereo system for $754 after he marked it up 45%. What did the dealer pay for the stereo system?
1 answer:
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Answer: 170
Step-by-step explanation:
Based on the problem, you know that this corporation listed their sales in 100s as 1,700. This means that, to calculate their actual volume in thousands, you need to multiply 1,700 by 100 and divide the product by 1,000.
Let be "x" their actual volume in thousands.
Therefore, applying the corresponding procedure, you get that the value of "x" is the following: