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  • Aug 15, 2009, 05:34 PM
    Romefalls19

    Used to work as a prep cook in a restaurant but haven't done much of it lately.
  • Aug 15, 2009, 05:38 PM
    Wondergirl
    Quote:

    Originally Posted by Romefalls19 View Post
    Used to work as a prep cook in a restaurant but haven't done much of it lately.

    Well, pretend you are here cooking right now.

    Let's do #3 while we're on a roll (and it's a similar kind of problem).

    3. A store offers a discount of 15% on all it's sold. A shopper pays $318.75 for purchases made. What is the marked price of the goods purchased?

    x = marked (original) price
    15% = discount or sale amount that was taken off x
    $318.75 = sale price

    Now what?
  • Aug 15, 2009, 05:39 PM
    Romefalls19

    Discount of 47.81? Which would bring the total to $366.56?
  • Aug 15, 2009, 05:41 PM
    Wondergirl
    Quote:

    Originally Posted by Romefalls19 View Post
    discount of 47.81? which would bring the total to $366.56?

    Um, how did you get that figure of $47.81?
  • Aug 15, 2009, 05:43 PM
    Romefalls19

    $318.75 x .15 = 47.8125... I just rounded I suppose I'm wrong on this one.
  • Aug 15, 2009, 05:47 PM
    Wondergirl
    Quote:

    Originally Posted by Romefalls19 View Post
    $318.75 x .15 = 47.8125....I just rounded I suppose I'm wrong on this one.

    15% of x = $318.75

    15/100 of x = $318.75

    100/15 times 15/100 of x = $318.74 times 100/15

    this cancels out so --
    x = $318.75 times 100/15
    x = ?
  • Aug 15, 2009, 05:51 PM
    Romefalls19

    Completely lost
  • Aug 15, 2009, 05:57 PM
    Wondergirl
    Quote:

    Originally Posted by galactus View Post
    Solve for x.

    Stop throwing around all those x's!
  • Aug 15, 2009, 05:59 PM
    Romefalls19
    I come up with 2125 and that doesn't sound anywhere close
  • Aug 15, 2009, 06:01 PM
    Wondergirl

    15% of x (x = total price) = $318.75 (discount price)

    15/100 (another way of saying 15%) of x = $318.75

    100/15 times 15/100 of x = $318.74 times 100/15

    I did the above to cancel out to 1/1.

    What you put on one side of an equation, you have to also put on the other side.

    x = $318.75 times 100/15

    x = ?
  • Aug 15, 2009, 06:02 PM
    Wondergirl
    Quote:

    Originally Posted by Romefalls19 View Post
    I come up with 2125 and that doesn't sound anywhere close

    Did you keep and then position your decimal point?

    That's correct, but where oh where is the decimal point in that answer?
  • Aug 15, 2009, 06:04 PM
    Romefalls19

    I didn't, 21.25 sounds better
  • Aug 15, 2009, 06:07 PM
    Wondergirl

    You're not finished. That's the discount. What is the original price?
  • Aug 15, 2009, 06:09 PM
    Romefalls19

    That would be $340
  • Aug 15, 2009, 06:09 PM
    Wondergirl
    Quote:

    Originally Posted by Romefalls19 View Post
    That would be $340

    Good girl!
  • Aug 15, 2009, 06:10 PM
    Romefalls19
    Thank you so much!
  • Aug 15, 2009, 06:15 PM
    Wondergirl
    Quote:

    Originally Posted by Romefalls19 View Post
    Thank you so much!

    Save your thanks. Let's press on into the wilderness.

    2. A shop sells compact disks for $16 per piece. If each disk costs $11 to the shop owner, how much profit percent does the shop owner earn?

    (I'll have to give Mr. Romefalls a lesson in punctuation some day... )

    What should we do with #2?

    How much profit is there in dollars?
  • Aug 15, 2009, 06:18 PM
    Romefalls19
    16/11= 1.45%?
  • Aug 15, 2009, 06:19 PM
    Wondergirl
    Quote:

    Originally Posted by Romefalls19 View Post
    16/11= 1.45%?

    No. How much profit in dollars?
  • Aug 15, 2009, 06:20 PM
    Romefalls19
    The question actually asked for the profit percent, did he forget to put that?

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