Solution this problem is pretty much the opposite of

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Unformatted text preview: 6 x + 2 x = 72 18 x = 72 x=4 So, it looks like the height of the set of shelves should be 4 feet. Note however that we haven’t actually answered the question however. The problem asked us to find the dimensions. This means that we also need the width of the set of shelves. The width is 4(4)=16 feet. So the dimensions will need to be 4x16 feet. Pricing Problems The next couple of problems deal with some basic principles of pricing. Example 3 A calculator has been marked up 15% and is being sold for $78.50. How much did the store pay the manufacturer of the calculator? Solution First, let’s define p to be the cost that the store paid for the calculator. The stores markup on the calculator is 15%. This means that 0.15p has been added on to the original price (p) to get the amount the calculator is being sold for. In other words, we have the following equation p + 0.15 p = 78.50 © 2007 Paul Dawkins 73 http://tutorial.math.lamar.edu/terms.aspx College Algebra that we need to solve for p. Doing this gives, 1.15 p = 78.50 Þ...
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