Bunny R.

asked • 09/09/16

Urgent ! Please help me with this word problem

The manager of one theatre marks up the cost of chocolate covered raisins by one eighth of the cost of raisins. Find the cost to the nearest cent if the theatre sells a box of raisins for ?$2.20. ?(Hint: Selling price is cost plus? markup.)

1 Expert Answer

By:

Inactive Tutor answered • 09/09/16

Tutor
New to Wyzant

See tutors like this
See tutors like this
2.20 = 1c + 0.125c
2.20 = 1.125c
 
Can you solve for "c"?
Upvote • 0 Downvote
More
Report

Bunny R.

Yes ! And what about this one ? Last? year, the expenses at? Mack's Pizzeria were seven eighths of the total revenue and the remainder was profit. The? profit, or the total revenue less? expenses, was ?$92,800. Find the total revenue.
Report

09/09/16

Inactive Tutor

If the expenses were seven-eights, then the profit was one-eighth.
92,800 = 0.125r
 
OK?
Report

09/09/16

Bunny R.

Okay thanks ! The problem is I was dividing for both questions
Report

09/09/16

Inactive Tutor

Welcome!
Report

09/09/16

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.