SOLUTION: Hello tutor, may you please help me on the following problem? The sound Connection prices TDK 100-min blank audiotapes by raising the wholesale price 50% and adding 25 cents. Wh

Question 773451: Hello tutor, may you please help me on the following problem?
The sound Connection prices TDK 100-min blank audiotapes by raising the wholesale price 50% and adding 25 cents. What must a tape's wholesale price be if the tape is to sell for $1.99?
Thank you!!
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
The sound Connection prices TDK 100-min blank audiotapes by raising the wholesale price 50% and adding 25 cents. What must a tape's wholesale price be if the tape is to sell for $1.99?
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Let the wholesale price be "x":
Equation:
1.5x+25 = 199
1.5x = 174
x = 116 cents = $1.16
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Cheers,
Stan H.
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