SOLUTION: Due to increased mailing costs, the new rate will cost publishers $50 million; this is 12.5% more than they paid the previous year. How much did it cost publishers last year?

SOLUTION: Due to increased mailing costs, the new rate will cost publishers $50 million; this is 12.5% more than they paid the previous year. How much did it cost publishers last year?

Algebra.Com

Question 946953: Due to increased mailing costs, the new rate will cost publishers $50 million; this is 12.5% more than they paid the previous year. How much did it cost publishers last year?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
50/1.125=44.44 million
RELATED QUESTIONS
Due to increased mailing costs, the new rate will cost publishers $50 million; this is... (answered by stanbon)

Due to increased mailing costs, the new rate will cost publishers $60 million; this is... (answered by stanbon)

Due to increased mailing costs, the new rate will cost publishers $22 million; this is... (answered by ewatrrr)

What are the steps in solving the following type of word problems?: Due to increased... (answered by josmiceli)

Due to increased mailing costs, the new rate will cost publishers $22 million; this is... (answered by ikleyn)

Due to increased mailing costs, the new rate will cost publishers $49 million; this is... (answered by josgarithmetic)

A company is considering implementing an investment opportunity in Dodoma. To identify... (answered by ikleyn)

A company is considering implementing an investment opportunity in Dodoma. To identify... (answered by ikleyn)

Q1. You deposit $3,000 in a savings account that earn 9% simple interest per year. How... (answered by ikleyn)