Intermediate Algebra for College Students (7th Edition)

Published by Pearson
ISBN 10: 0-13417-894-7
ISBN 13: 978-0-13417-894-3

Chapter 1 - Section 1.5 - Problem Solving and Using Formulas - Exercise Set - Page 68: 40

Answer

The dealer's cost of the calculator is $ \$ 12 $

Work Step by Step

Let $ x $ represents the dealer's cost of the calculator. $ 25 \% $ of the dealer's cost is $ = (0.25)x $. The selling price of a calculator is $ \$ 15 $ per night. In mathematical form. $ x+0.25x=15 $ $ (1+0.25)x=15 $ $ 1.25x=15 $ $ x=\frac{15}{1.25} $ $ x=12 $.
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