SOLUTION: A merchant increases the wholesale cost of a Maytag washing machine by 50% to determine the selling price. If the washer sells for $703.50, find the wholesale cost.

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: A merchant increases the wholesale cost of a Maytag washing machine by 50% to determine the selling price. If the washer sells for $703.50, find the wholesale cost.      Log On


   

Question 1175230: A merchant increases the wholesale cost of a Maytag washing machine by 50% to determine the selling price. If the washer sells for $703.50, find the wholesale cost.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!

Hi
 W + .50W = $703.50
   1.50W = $703.50
       W = $469
Wish You the Best in your Studies.