Questions on Word Problems: Money, Business and Interest answered by real tutors!

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Question 13368:
Found 2 solutions by elima, kunal_122:
Answer by elima(1433) About Me  (Show Source):
You can put this solution on YOUR website!
The $125 selling price of a VCR is $106 less than 3 times the cost of producing the VCR. Find the cost of producing the VCR
125=3x-106; add 106 to both sides; 125+106=3x-106+106
231=3x; divide 3 from both sides;
231%2F3=3x%2F3
77=x
check:
125=3(77)-106
125=231-106
125=125
Hope this helps
=)

Answer by kunal_122(19) About Me  (Show Source):
You can put this solution on YOUR website!
let the cost price be cp
125=3cp-106
125+106=3cp
231=3cp
cp=77