document.write( "Question 1140468: A sports shop buys tents for $260 less 25% for buying more than 30 tents. The store operates on a markup of 30% of the sale price and advertises that all items are sold at a discount of 20% of the regular price. What is the regular price of the tents? \n" ); document.write( "
Algebra.Com's Answer #761008 by Theo(13342)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "from what i can see, the regular price can be anything, based on the information you provided.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "let r = the regular price. \n" ); document.write( "let s = the sale price \n" ); document.write( "let m = the markup price. \n" ); document.write( "let c = the cost price.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "you state:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The store operates on a markup of 30% of the sale price and advertises that all items are sold at a discount of 20% of the regular price.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "this makes:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "m = 1.3 * s \n" ); document.write( "s = .8 * r\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "this makes m = 1.3 * .8 * r = 1.04 * r\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "if we try to solve for r, we get r = m / 1.04\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "since m = 1.3 * s, then r = 1.3 * s / 1.04\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "since s = .8 * r, then r = 1.3 * .8 * r / 1.04\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "that becomes r = 1.04 * r / 1.04.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "that becomes r = r.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "that's an identity, which means that r can be anything.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "i then decided to assume some values for r to see if it's true that r could be anything.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "i first chose r = 5000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "assuming r = 5000, then s = .8 * r = .8 * 5000 = 4000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "assuming m = 1.3 * s, then m = 1.3 * 4000 = 5200\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "assuming m = 1.04 * r, then m = 1.04 * 5000 = 5200\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "i then chose r = 1600.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "assuming r = 1600, then s = .8 * 1600 = 1280\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "assuming m = 1.3 * s, then m = 1.3 * 1280 = 1664\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "assuming m = 1.04 * r, then m = 1.04 * 1600 = 1664\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the actual cost of the tent doesn't even figure in this problem, since there's nothing that relates the regular price to the cost.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "based on the information provided, i would have to say that the regular price could be anything, and the requirements of the problem would still be satisfied.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |