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    Romefalls19's Avatar
    Romefalls19 Posts: 4,739, Reputation: 1130
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    #1

    Aug 15, 2009, 04:24 PM
    Back Again
    Hey guys, I am back again. This time with only 3 questions and needing some help with them.

    1. A calculator is sold at $30 with a loss of 6%. What is the cost price of the calculator to the person who sold it?

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

    3, A store offers a discount of 15% on all its sold. A shopper pays $318.75 for purchases made. What is the marked price of the goods purchased?
    Romefalls19's Avatar
    Romefalls19 Posts: 4,739, Reputation: 1130
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    #2

    Aug 15, 2009, 04:53 PM

    I am confused by what the first equation would look like to be honest.


    and the 2nd one was $11

    Sorry
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #3

    Aug 15, 2009, 04:54 PM
    Quote Originally Posted by Romefalls19 View Post
    1. A calculator is sold at $30 with a loss of 6%. What is the cost price of the calculator to the person who sold it?
    What is 6% of $30? Use that answer to figure out the original price.
    2. A shop sells compact disks for $ per piece. If each disk costs $11 to the shop owner how much profit percent does the shop owner earn?
    Ratio of owner's selling price to his buying price
    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?
    15% of $318.75, then figure out marked price.
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    #4

    Aug 15, 2009, 04:56 PM
    For the first one I got $1.80, so would the answer be $31.80?

    And I apologize, its sells for $16 and the owner pays $11
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #5

    Aug 15, 2009, 04:59 PM

    Tell Mrs. Romefalls to become a member so we can deal with her directly. :D
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    Romefalls19 Posts: 4,739, Reputation: 1130
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    #6

    Aug 15, 2009, 05:00 PM
    Lol she said she will use my account for homework help ha ha!
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #7

    Aug 15, 2009, 05:03 PM
    Quote Originally Posted by Romefalls19 View Post
    Lol she said she will use my account for homework help ha ha!
    There's a Bears pre-season game on now. You watch that, and we will chat with the missus.
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    Romefalls19 Posts: 4,739, Reputation: 1130
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    #8

    Aug 15, 2009, 05:03 PM
    Lol OK you win... Here she is
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    Wondergirl Posts: 39,354, Reputation: 5431
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    #9

    Aug 15, 2009, 05:05 PM
    Quote Originally Posted by Romefalls19 View Post
    Lol ok you win...Here she is
    Whew! Finally got rid of THAT guy!

    So how're you doin'?
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    Romefalls19 Posts: 4,739, Reputation: 1130
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    #10

    Aug 15, 2009, 05:05 PM
    Hello, this is the fiancé :)
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    Romefalls19 Posts: 4,739, Reputation: 1130
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    #11

    Aug 15, 2009, 05:05 PM
    Eh frustrated... you?
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #12

    Aug 15, 2009, 05:07 PM
    Quote Originally Posted by Romefalls19 View Post
    Eh frustrated...you?
    Not a bit! How are you doing with the first one?
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    #13

    Aug 15, 2009, 05:09 PM

    I can't figure out the formula for this one I got the answer 31.80 but 1.80 is 6% of 30 so I think I'm doing it completely wrong
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #14

    Aug 15, 2009, 05:16 PM
    Quote Originally Posted by Romefalls19 View Post
    1. A calculator is sold at $30 with a loss of 6%. What is the cost price of the calculator to the person who sold it?
    original cost = unknown = x
    selling price = $30
    loss = 6% or $1.80

    What is x?

    Think! Do you add $1.80 to $30 to subtract $1.80?

    Was the original price higher or lower than $30?
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    #15

    Aug 15, 2009, 05:22 PM

    The only thing I come up with is $31.80 but that seems completely wrong
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #16

    Aug 15, 2009, 05:22 PM
    Quote Originally Posted by Romefalls19 View Post
    The only thing I come up with is $31.80 but that seems completely wrong
    It's correct. Why does it seem wrong?
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    Romefalls19 Posts: 4,739, Reputation: 1130
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    #17

    Aug 15, 2009, 05:25 PM
    1.80 is 6% of 30, so I would think that 6% of a larger number would be more
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    Wondergirl Posts: 39,354, Reputation: 5431
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    #18

    Aug 15, 2009, 05:28 PM
    Quote Originally Posted by Romefalls19 View Post
    1.80 is 6% of 30, so I would think that 6% of a larger number would be more
    Naw.
    10% of $30 = $3.00
    25% (1/4) of $30 = $7.50
    50% of $30 = $15
    100% of $30 = $30

    6/100 x 30/1 = 18/10 = 1.8 = 1.80
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    Romefalls19 Posts: 4,739, Reputation: 1130
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    #19

    Aug 15, 2009, 05:31 PM
    I suppose I'm just over thinking it... I tend to make things appear more difficult than they actually are.
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #20

    Aug 15, 2009, 05:32 PM
    Quote Originally Posted by Romefalls19 View Post
    I suppose I'm just over thinking it... I tend to make things appear more difficult than they actually are.
    Yes, you're thinking too much.

    How are you at cooking?

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