SOLUTION: A specialty bookstore concentrates mainly on used books. Paperbacks are $1.00 each, and hardcover books are $3.50. Of the 50 books sold last Tuesday morning, 40 were paperback an
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-> SOLUTION: A specialty bookstore concentrates mainly on used books. Paperbacks are $1.00 each, and hardcover books are $3.50. Of the 50 books sold last Tuesday morning, 40 were paperback an
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Question 478698: A specialty bookstore concentrates mainly on used books. Paperbacks are $1.00 each, and hardcover books are $3.50. Of the 50 books sold last Tuesday morning, 40 were paperback and the rest were hardcover. What was the weighted mean price of a book?
Thank you so much for helping me I have tried over and over but not getting the answer correct. Thank you very much for your help. Answer by Tatiana_Stebko(1539) (Show Source):
You can put this solution on YOUR website! 40 were paperback, then 50-40=10 were hardcover.
The weighted mean price of a book=
Answer $1.50
