After a 16% increase the price of a pair of running shoes was $40.60. What was the old price of the shoes

Mathematics

1 answer:

Delvig [45]2 years ago

5 0

Answer:

34.10

Step-by-step explanation:

Note:

16% = .16

Important:

What was the <u>old price</u> of the shoes

Solution:

40.60 x .16 = 6.946 [Round:6.50]

40.60-6.50= 34.10

Hence, the old price of the shoes is $34.10

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Francine Flicka found a bargain when she bought a lawn mower. She paid the store's clerk three $20 bills and received him $7.45

adoni [48]

Answer:

$48.97

Step-by-step explanation:

Let p represent the marked price of the mower. Then the price with tax is ...

with tax = p + 7.3%×p = 1.073p

The amount Flicka paid is the amount tendered less the change she received, so is ...

3×$20 - 7.45 = with tax = 1.073p

To find p, we can divide by its coefficient:

(3 × $20 - 7.45)/1.073 = p ≈ $48.97

The selling price before taxes was $48.97.

_____

<em>Comment on the problem</em>

If you check the answer, you find the amount with tax is ...

$48.97 × 1.073 ≈ $52.54481 ≈ $52.54

so the change Flicka would have received would have been $7.46, not $7.45. If the price were $48.98, then the change would have been $7.44. There is no price at which the mower can be marked that will make the total with tax come to $52.55. There is no solution to this problem.