Questions on Word Problems: Money, Business and Interest answered by real tutors!

Tutors Answer Your Questions about Money Word Problems (FREE)

Question 668519: when the cost of a car is multiplied by 0.009 the result is $1790. find the cost of the car.
Click here to see answer by jim_thompson5910(35256)

Question 667782: A shoe store has discounted the price of shoes by 20%. If the sale price is $49.95, what was the original price?

Click here to see answer by ReadingBoosters(3246)

Question 668780: tickets cost $6.00 for adults and $3.00 for students.total of 1050 tickets worth $4200 sold.How many adult tickets sold.
Click here to see answer by mananth(16946)

Question 668795: The fixed costs of an item are 850 dollars and the variable costs are 4 dollars per piece. The wholesale price will be 9 dollars. How many pieces must be sold to make profit?
Click here to see answer by swincher4391(1107)

Question 668815: Mary can buy a ring and earrings for $9, earrrings and a comb for $10, a comb and a ring for $11. What is the price of the comb?
Click here to see answer by ReadingBoosters(3246)

Question 668829: Allen makes and sells wind chimes. He Makes two types, a small one that sells for $8 and a larger that sells for $20. At a craft show he sells 30 units, and his total receipts were $492. How many of each type did he sell?
Click here to see answer by ReadingBoosters(3246)

Question 668785: twice as many nickels as quarters.If coins are worth $2.80 how many quarters are there
Click here to see answer by amazingrace333(11)

Question 668849: Anthony invested a sum of money 6 yr ago in a savings account that has since paid interest at the rate of 8%/year compounded quarterly. His investment is now worth $61,120.62. How much did he originally invest?
Click here to see answer by lwsshak3(11628)

Question 668966: A store decreased its price on a computer by $112 to $478. What was the original price?
Click here to see answer by ewatrrr(24785)

Question 669111: Hi. im trying to pay off my house in lesser time. i bought the house in the year 2004 paying 400.00 a mth for 20 years interest rate 8%. i have twelve years to go but i want to finish sooner. how much would i have to pay each mth to pay off in 5 years or the most 6years.
Click here to see answer by MathTherapy(10551)

Question 669133: 3/4 of sum of money is 1.50 British pounds find the whole amount
Click here to see answer by ReadingBoosters(3246)

Question 669060: an investor put a total of 3500 in two mutal funds. one fund had a profit of 6% and the other 4% profit, for a total of 170 profit. how much was invested in each fund?
Click here to see answer by mananth(16946)

Question 669236: how to I figure out: If I put $416 into the bank for 44 years at 6% APR how much will I have?
Click here to see answer by Alan3354(69443)

Question 669275: Presented below are selected transactions of Menge Company. Menge sells in large quantities to other companies and also sells its product in a small retail outlet.
March 1 Sold merchandise on account to Lynda Company for $5,000, terms 4/10,/30.
March 3 Lynda Company returned merchandise worth $400 to Menge.
March 9 Menge collected the amount due from Lynda Company from the March 1 sale.
March 15 Menge sold merchandise for $200 in its retail outlet. The customer used his Menge credit card.
March 31 Menge added 1% monthly interest to the customer�s credit card balance.
Prepare journal entries for the transactions above.
I Just need journal entry for March 9 and 31. And can you please show how you got the answer. Thank you so much.....
Click here to see answer by MathTherapy(10551)

Question 669372: Mr jamison buys a washing machine that is listed at $800. It is advertised at 20% discount. The sale price is reduced another 10% if bought before the end of this week. He buys the washing machine before the end of the week. Find the total charge including a 6% sales tax and a $40 delivery charge.
What is the correct way to set this problem up?
Click here to see answer by rfer(16322)

Question 669382: A kitchen floor measures 13 feet 5 inches wide by 15 feet 9 inches long. The floor is being covered with tiles that are 7-inch squares. How many tiles must be bought to cover the floor?
What is the correct way to start this? And How do you solve it? Thank You!
Click here to see answer by josmiceli(19441)

Question 669328: Hometown hardware stocks quarts of flat wall paint. The quarts cost 5.25 and gallons cost 16.87. If they have 27 more quarts than gallons and if their inventory is worth 2198.91, how much of each size do they have on hand?
Click here to see answer by josmiceli(19441)

Question 669400: Joe has a collection of nickels and dimes that is worth $5.65. If the number of dimes were doubled and the number of nickels were increased by 8, the value of the coins would be $10.45. How many dimes does he have?
This is the problem directly from my homework. I'm trying to figure out the system of equations so I can solve the problem. So far I've come up with
.1d+.05n=5.65 and 2(.1d)+.05n+8=10.45
but I keep ending up with d= -32 so I must be way off.
Click here to see answer by ReadingBoosters(3246)

Question 669502: How many pounds are in a gallon
Click here to see answer by Alan3354(69443)

Question 669590: M is the midpoint of segment PQ. Find PQ if PM = 5x+3 and MQ = 2x+12
I am not sure how to start this problem please help me?
Also I am sorry if I am posting this in the wrong section I am not sure what this would go under and thank you for help in advanced!
Click here to see answer by ewatrrr(24785)

Question 669647: If it costs $12,000 to start up a business and you get $7.20 per unit for a unit that costs $4.35 per unit to produce. Find the following:
A) The total cost equation.
B) The number of units that you need to sell to make back your initial investment.
I am having trouble with this problem please help! Thank you!
Click here to see answer by jim_thompson5910(35256)

Question 669497: mary wants to make 200 pounds of blended coffee selling for $5.50 per pound. How many pounds of $6.00 coffee must she mix with how many pounds of $4.00?
Click here to see answer by ankor@dixie-net.com(22740)

Question 669641: If a ticket to a concert(C) costs $30 more than a ticket to a football game(F). We represent this by: C=F+30
A) Write an equation representing if you buy 5 concert tickets it will cost you $190 more than buying 4 tickets to the football game.

B) Use the information above to calculate the price of each ticket.
(football game and concert)
I have been struggling with this problem and I keep getting the incorrect answer. Please help! Thanks!
Click here to see answer by ReadingBoosters(3246)

Question 669700: At a high school football game, a total of 670 tickets were sold. Admission charges were $2.50 for each student and $5 for anyone else. The total receipts at the gate were $2,225. How many students attend the game? I know to let s= number of students tickets and let n= number of non student tickets. But I am not sure if that is right and not sure how to set it up or solve. Please help!
Click here to see answer by ReadingBoosters(3246)

Question 669852: One week, Mr. Slade promised to pay his son Joel $5 for each algebra problem he solved correctly. However, he would charge Joel $2 for each incorrect solution. At the end of the week Joel had completed 82 problems. Mr. Slade owes Joel $25. How many problems did Joel solve correctly.
I started by doing this but I cannot get an even number answer(C=Correct, I=Incorrect)
C+I=82
C(5)-I(2)=25
I=82-C
C(5)-(82-C)*2=25.
5C-(164-10C)=25
5C-164+10C=25
15C-164=25
+164 +164
15C=189
c=12.6

Click here to see answer by josmiceli(19441)

Question 669866: Lina Chen invested $24,000, part at 8% and the rest at 7.2%. How much did she invest at each rate if her income from the 8% investment is two thirds that of the 7.2% investment
I've started off with
Price * Rate = Interest
8% x 2/3(24000-x) x * (2/3(24000-x))
7.2% 24000-x
Click here to see answer by josmiceli(19441)

Question 669874: Mardi recieved an inheritance of $60000. She invested part at 7% and deposited the remainder in tax-free bonds at 11%. Her total annual income from the investments was $5400. Find the amount invested at 7%.
Click here to see answer by mananth(16946)

Question 669942: Rachel invested her savings in two investment funds. The $5000 that she invested in Fund A returned a 3% profit. The amount that she invested in Fund B returned a 10% profit. How much did she invest in Fund B, if both funds together returned a 5% profit?
Click here to see answer by mananth(16946)

Question 670054: You have 3,000 in a savings account that pays 5 1/2% compounded annually. How much interest will you earn in two years If you don't take earned interest out of the account
Click here to see answer by Alan3354(69443)

Question 670087: I have 15,000 invested in stock and bonds. I have $ 2000 invested in stock. How many do I have in bonds?
Click here to see answer by stanbon(75887)

Question 670260: Melanie invests a total of $17,500 in two accounts. The first account earned a rate of return of 13% (after a year). However, the second account suffered a 6% loss in the same time period. At the end of one year, the total amount of money gained was $1,800.00. How much was invested into each account?

Click here to see answer by josmiceli(19441)

Question 670318: please help me solve this problem:

the interest earned on a bank account is less than $27
Click here to see answer by ReadingBoosters(3246)

Question 670407: If u have 721$ and u add 1.7 to that how much will it be

Click here to see answer by Alan3354(69443)

Question 670412: How much each year would you have to put into a savings account, paying 7% interest, so that in 30 years when you retire you will have $1,000,000?
Click here to see answer by Alan3354(69443)

Question 670470: Your grandmother needs your help. She has $50,000 to invest. Part of this money is to be invested in noninsured bonds paying 15% annual interest. The rest of this money is to be invested in a government-insured certificate of deposit paying 7% annual interest. She told you that she requires a total $6000 per year in extra income from these investments. How much money should be placed in each investment
Click here to see answer by mananth(16946)

Question 670522: Suppose consumers will purchase q units of a product at a price of 90/q+3 dollars per unit. What is the number of units that must be sold in order to obtain revenue of at least $114?
Click here to see answer by mananth(16946)

Question 670548: Please help me solve this word problem:
Dear Action Reporter:
If I give each of my children 11 cents, I'll have 9 cents left. If I had 47 cents more, I could give 15 cents to each. I can't count my money or my kids, and my pocket calculator is on the fritz. I don't know what to do.

Old Woman in Shoe.
How much money and how many children has the Old Woman?
Click here to see answer by josmiceli(19441)

Question 670566: ALGEBRa.COM the amount of $300000 is divided into 3 parts in the ratio 2:5:8 and these parts are invested at 2%, 4% and 6% respectively. what is the income from the 6% investment
Click here to see answer by josmiceli(19441)

Question 670687: Find the exact solution using common logarithms.

log(x^2 + 4) − log(x + 2) = 2 + log(x − 2)
Click here to see answer by ewatrrr(24785)

Question 670754: A bank teller is counting $20 and $50 dollar bills. If ther ae six times as many $20 bills as $50 bills and the total amount of money is $3910 find the number of each denomination
Click here to see answer by stanbon(75887)

Question 671254: Anita buys a shirt for $29.99 and a tie for $29.95. The sales tax is $4.20. What is the total purchase price?
Click here to see answer by ReadingBoosters(3246)

Question 671329: you have a credit card bill of $540. If you pay 40% of the bill how much do you have left to pay?

Click here to see answer by ReadingBoosters(3246)

Question 671339: I need to Find the accumulated amount after 8 yr if $4200 is invested at 5%/year compounded continuously. (Rounding the answer to the nearest cent.)
I have tried many ways with different interest formulas and I cannot get the correct answer. Please help me as I am very stressed at this point.
Click here to see answer by solver91311(24713)

Older solutions: 1..45, 46..90, 91..135, 136..180, 181..225, 226..270, 271..315, 316..360, 361..405, 406..450, 451..495, 496..540, 541..585, 586..630, 631..675, 676..720, 721..765, 766..810, 811..855, 856..900, 901..945, 946..990, 991..1035, 1036..1080, 1081..1125, 1126..1170, 1171..1215, 1216..1260, 1261..1305, 1306..1350, 1351..1395, 1396..1440, 1441..1485, 1486..1530, 1531..1575, 1576..1620, 1621..1665, 1666..1710, 1711..1755, 1756..1800, 1801..1845, 1846..1890, 1891..1935, 1936..1980, 1981..2025, 2026..2070, 2071..2115, 2116..2160, 2161..2205, 2206..2250, 2251..2295, 2296..2340, 2341..2385, 2386..2430, 2431..2475, 2476..2520, 2521..2565, 2566..2610, 2611..2655, 2656..2700, 2701..2745, 2746..2790, 2791..2835, 2836..2880, 2881..2925, 2926..2970, 2971..3015, 3016..3060, 3061..3105, 3106..3150, 3151..3195, 3196..3240, 3241..3285, 3286..3330, 3331..3375, 3376..3420, 3421..3465, 3466..3510, 3511..3555, 3556..3600, 3601..3645, 3646..3690, 3691..3735, 3736..3780, 3781..3825, 3826..3870, 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7606..7650, 7651..7695, 7696..7740, 7741..7785, 7786..7830, 7831..7875, 7876..7920, 7921..7965, 7966..8010, 8011..8055, 8056..8100, 8101..8145, 8146..8190, 8191..8235, 8236..8280, 8281..8325, 8326..8370, 8371..8415, 8416..8460, 8461..8505, 8506..8550, 8551..8595, 8596..8640, 8641..8685, 8686..8730, 8731..8775, 8776..8820, 8821..8865, 8866..8910, 8911..8955, 8956..9000, 9001..9045, 9046..9090, 9091..9135, 9136..9180, 9181..9225, 9226..9270, 9271..9315, 9316..9360, 9361..9405, 9406..9450, 9451..9495, 9496..9540, 9541..9585, 9586..9630, 9631..9675, 9676..9720, 9721..9765, 9766..9810, 9811..9855, 9856..9900, 9901..9945, 9946..9990, 9991..10035, 10036..10080, 10081..10125, 10126..10170, 10171..10215, 10216..10260, 10261..10305, 10306..10350, 10351..10395, 10396..10440, 10441..10485, 10486..10530, 10531..10575, 10576..10620, 10621..10665, 10666..10710, 10711..10755, 10756..10800, 10801..10845, 10846..10890, 10891..10935, 10936..10980, 10981..11025, 11026..11070, 11071..11115, 11116..11160, 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14356..14400, 14401..14445, 14446..14490, 14491..14535, 14536..14580, 14581..14625, 14626..14670, 14671..14715, 14716..14760, 14761..14805, 14806..14850, 14851..14895, 14896..14940, 14941..14985, 14986..15030, 15031..15075, 15076..15120, 15121..15165, 15166..15210, 15211..15255, 15256..15300, 15301..15345, 15346..15390, 15391..15435, 15436..15480, 15481..15525, 15526..15570, 15571..15615, 15616..15660, 15661..15705, 15706..15750, 15751..15795, 15796..15840, 15841..15885, 15886..15930, 15931..15975, 15976..16020, 16021..16065, 16066..16110, 16111..16155, 16156..16200, 16201..16245, 16246..16290, 16291..16335, 16336..16380, 16381..16425, 16426..16470, 16471..16515, 16516..16560, 16561..16605, 16606..16650, 16651..16695, 16696..16740, 16741..16785, 16786..16830, 16831..16875, 16876..16920, 16921..16965, 16966..17010, 17011..17055, 17056..17100, 17101..17145, 17146..17190, 17191..17235, 17236..17280, 17281..17325, 17326..17370, 17371..17415, 17416..17460, 17461..17505, 17506..17550, 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