Question

A store prices tapes by raising the wholesale price 50% and adding 20 cents. What must a tape's wholesale price be if the tape sells for $1.99?
What is the tape's price? $
(Round to the nearest hundredth)​

Answer 1

Answer:

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Step-by-step explanation:

Let x represent the wholesale price of the tape. Then we can use the equation:

 x + 0.5x + 0.20 = 1.99, to find the value of x.

 1.5x + 0.20 = 1.99

 Subtract 0.20 from both sides:

 1.5x = 1.79

 Divide both sides by 1.5

 x = 1.19333

 Note: To the nearest hundredth  is $1.19

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