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 1144514: 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?
Answer by ikleyn(52781) (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

Solved.

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This problem was posted to the forum approximately one month ago,
and I solved it under this link

https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1144030.html

https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1144030.html

The solution above is the copy from that my earlier post.

Happy learning (!)

Come again soon to learn something new (!)

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