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Mathematics 8 Online
OpenStudy (anonymous):

The owner of a clothing store buys leather jackets at a wholesale cost, then sells them to the public at a higher retail price. She determines the retail price of one jacket by tripling the wholesale cost and adding 10% of the wholesale cost. Which equation could be used to calculate r, the retail price of a jacket, based on w, the wholesale price of the jacket?

OpenStudy (mathstudent55):

If the wholesale price is w, then tripling w is three times w, or 3w. 10% of the wholesale price is added. That is 10% of w. In math, usually "of" means "times" or multiplication. So 10% of the wholesale price means 10% of w or 10% x w. Since 10% = 0.1, 10% x w = 0.1w. This must be added to the 3w we got above. Can you write the equation now?

OpenStudy (anonymous):

no

OpenStudy (anonymous):

i dont know

OpenStudy (mathstudent55):

r is retail price and it's three times wholesale plus 10% of wholesale 3 times wholesale is 3w 10% of wholesale is 10%w = 0.1w r = 3w + 0.1w r = 3.1w That's the expression you need. So if you take the wholesale price of a jacket and insert it into w, then you multiply it by 3.1, you get the retail price.

OpenStudy (anonymous):

so whats the answer?

OpenStudy (mathstudent55):

r = 3.1w is the answer

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