SOLUTION: What are the steps in solving the following type of word problems?:
Due to increased mailing costs, the new rate will cost publishers $50 million; this is 12.5% more than they p
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Due to increased mailing costs, the new rate will cost publishers $50 million; this is 12.5% more than they p
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Question 273147: What are the steps in solving the following type of word problems?:
Due to increased mailing costs, the new rate will cost publishers $50 million; this is 12.5% more than they paid the previous year. How much did it cost publishers last year? {Nearest hundredths}
drcarter@richland.edu
Thank you Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! Let = what they paid the previous year in millions
given:
The difference between 50 million and what they paid
the previous year is:
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The next step is to write this as an equation: million