× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
g
2
2
1
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
Lada Lada
wrote...
Posts: 357
Rep: 0 0
7 years ago
A boat owner listed his sailboat for 125% more than he paid for it. The owner eventually accepted an offer 5 1/2% below his asking price and sold the property for $50 000. How much did the owner pay for the sailboat?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
Read 127 times
1 Reply

Related Topics

Replies
wrote...
#1
7 years ago
94 % of asking price = sale price
.945 = 50 000
    A = $52910.05
List = C + 125% of C
$52910.05 = 1.25C
    C = 42328.04
Cost was $42328.04
New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  1580 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 564
  
 338
  
 728
Your Opinion
How often do you eat-out per week?
Votes: 167
Previous poll results: Which 'study break' activity do you find most distracting?