Tutors Answer Your Questions about Money Word Problems (FREE)
Question 168631: a busload of campers stopped at a diary satnd for ice cream. they ordered 77 cones, some soft serve at $2.00 each and the rest hard pack at $0.75 each. if the toal bill was 119.00, how many of each type of cone were order?
Click here to see answer by Mathtut(3670)  |
Question 168919: A retailer purchases 700 pounds of carrots at a price of $0.30 per pound. The retailer expects that 8% of the carrots will be spoiled before he is able to sell them. The retailer would like a markup of 40% based on the cost. What price per pound should the retailer charge? Show your work
Click here to see answer by jojo14344(1513) |
Question 169014: what is the cost per pund of a candy mixture which consist of 2 pounds of chocolate which is $4.00 per puond and 6 pounds of carob candy which cost $5.00 per pound?
what i got was 4(2)+6(5)=x for x I got 38 now am I supposed to divide by 2 because they dont give you how many pounds for the mixture.
Click here to see answer by ptaylor(2198)  |
Question 169013: The total simple interest on a savings certificate one year was $300 If the annual simpale interest rate was 15% what was the principal amount invested?
PXR=I
i have x*15%=$300 divide each side by 15 and you get 20.00 is this right?
Click here to see answer by nerdybill(7384)  |
Question 169285: Any help with this problem would be great...
What rate of interest, to the nearest tenth of a percent, compounded annually is needed for an investment of $1,500 to grow to $3,300 in four years?
Thanks to all the tutors out there.
Click here to see answer by checkley77(12844) |
Question 169484: Need a little help with equation.
The account at the beginning of the yr was $6700 and earned $619 in interest. Investments were in bonds earning 5% balance funds earning 8% and agressive funds earning 12%. There were $300 less in agressive than bonds and balances combined. How much was invested in each fund.
Click here to see answer by Mathtut(3670) |
Question 169584: A used car is on sale for a discount of 20% off the regular price of P550 000. an additional 10% discount on the sale price was offered. Is the result a 30% discount? What is the single discount that would give the same sale price?
please give me your representation thank you!!!!
Click here to see answer by Mathtut(3670) |
Question 169878: A total of P600 000 is deposited into two simple interest accounts. On one account the annual simple interest rate is 8%, while on the second account the annual simple interest rate is 12%. How much should be invested in each account so that the total annual interest earned is P52 000?
please give me the table of your solution.
Click here to see answer by jojo14344(1513) |
Question 169879: Mary Grace invested a certain sum in an account that pays 6% interest and invested P10 000 more in another account that pays 10% interest. If the income from both investments was P34 000, then how much did he invest at each rate?
please give me your table for the solution
Click here to see answer by stanbon(75887) |
Question 169932: This problem is for a project we were given:
Jeremy inherits $200,000 and invests part of the money in bonds with an interest rate of 8%. The remainder of the money is in savings at a 5% rate. What AMOUNT has he invested at EACH RATE if he recieves $14,800 interest for 1 year.?
So far I have the following:
let x= dollars invested at 8%
$200,000-x = dollars invested at 5%.
Equation as .08x+ .05(200,000-x)=$14,800
I know you have to clear the decimal and go from there, but when I tried to solve it I got some funky number.
thank you for your help!
Click here to see answer by rajagopalan(174)  |
Question 169932: This problem is for a project we were given:
Jeremy inherits $200,000 and invests part of the money in bonds with an interest rate of 8%. The remainder of the money is in savings at a 5% rate. What AMOUNT has he invested at EACH RATE if he recieves $14,800 interest for 1 year.?
So far I have the following:
let x= dollars invested at 8%
$200,000-x = dollars invested at 5%.
Equation as .08x+ .05(200,000-x)=$14,800
I know you have to clear the decimal and go from there, but when I tried to solve it I got some funky number.
thank you for your help!
Click here to see answer by checkley77(12844) |
Question 169932: This problem is for a project we were given:
Jeremy inherits $200,000 and invests part of the money in bonds with an interest rate of 8%. The remainder of the money is in savings at a 5% rate. What AMOUNT has he invested at EACH RATE if he recieves $14,800 interest for 1 year.?
So far I have the following:
let x= dollars invested at 8%
$200,000-x = dollars invested at 5%.
Equation as .08x+ .05(200,000-x)=$14,800
I know you have to clear the decimal and go from there, but when I tried to solve it I got some funky number.
thank you for your help!
Click here to see answer by Earlsdon(6294) |
Question 169580: A cashier has P 50, P 100, and P500 bills. the number of P50 bills is 5 more than 7 times the number of P100 and the number of P500 bills is four-fifths the number of P100 bills. If the total amounts that she has P18 100, how many of each type of bills are there?
please give me your representation...
thank you
Click here to see answer by stanbon(75887) |
Question 169940: Totally confused! Please help! Many Thanks!
At a local garage sale, Chris bought 4 gardening magazines and 3 mugs for $8.70. Sarah bought 5 magazines, 2 mugs and 3 refrigerator magnets for $12.35. Steve bought 2 magazines, 4 mugs and 4 refrigerator magnets for $15.50. What was the price of each refrigerator magnet?
Click here to see answer by Alan3354(69443)  |
Question 170358: Of the $50,000 that Natasha pocketed on her last real estate deal, $20,000 went to charity. She invested part of the remainder in Dreyfus New Leaders Fund with an annual yield of 16% and the rest in Templetion Growth Fund with an annual yield of 25%. If she made $6060 on these ivestments in 1 year, then how much did she invest in each fund?
Click here to see answer by Mathtut(3670) |
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