SOLUTION: IBM states that it makes a 30% profit over its expenses for producing hard drives. IBM sells each hard drive for $390. How much does it cost IBM to make each hard drive?
Question 1144030: IBM states that it makes a 30% profit over its expenses for producing hard drives. IBM sells each hard drive for $390. How much does it cost IBM to make each hard drive? Found 2 solutions by Alan3354, ikleyn:Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website! IBM states that it makes a 30% profit over its expenses for producing hard drives. IBM sells each hard drive for $390. How much does it cost IBM to make each hard drive?
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$390 - (30% of $390)
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Now you have 2 different answers.
Which do you think is correct?
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It might be educational for you after all. Answer by ikleyn(52810) (Show Source): You can put this solution on YOUR website! .
Let x be the value under the question, in dollars.
Then the condition says that
x + 0.3x = 390 dollars,
1.3x = 390
x = = 300 dollars. ANSWER