SOLUTION: can someone show me how to solve this word problem Finding MSRP. What was the MSRP for a Hummer H1 that sold for $107,272 after an 8% discount

Algebra ->  Real-numbers -> SOLUTION: can someone show me how to solve this word problem Finding MSRP. What was the MSRP for a Hummer H1 that sold for $107,272 after an 8% discount       Log On


   



Question 177092: can someone show me how to solve this word problem
Finding MSRP. What was the MSRP for a Hummer H1
that sold for $107,272 after an 8% discount

Found 3 solutions by nerdybill, stanbon, solver91311:
Answer by nerdybill(7384) About Me  (Show Source):
You can put this solution on YOUR website!
What was the MSRP for a Hummer H1
that sold for $107,272 after an 8% discount
.
Let M = the MSRP
then
M - .08M = 107272
M(1 - .08) = 107272
M(.92) = 107272
M = 107272/.92
M = $116,600

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Finding MSRP. What was the MSRP for a Hummer H1
that sold for $107,272 after an 8% discount
------------------------------
Let the MSRP be "x".
Equation:
x - 0.08x = 107,272
(1-0.08)x = 107,272
0.92x = 107,272
x = 107,272/0.92 = $116,600.00 (Manufactures Suggested Retail Price)
========================================
Cheers,
Stan H.

Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!
MSRP = x An 8% discount means that you take 0.08 times the MSRP and subtract that from the MSRP to get to $107,272.

x - 0.08x = $107272

Just solve for x.