Monday, February 20, 2012

Can someone help me solve these problem? Finding MSRP. What was the MSRP for a Hummer H1?

This is a word problem that I am having trouble solving..

Finding MSRP. What was the MSRP for a Hummer H1

that sold for $107,272 after an 8% discount?Can someone help me solve these problem? Finding MSRP. What was the MSRP for a Hummer H1?$107,272 / .92



good luckCan someone help me solve these problem? Finding MSRP. What was the MSRP for a Hummer H1?The MSRP is before the discount and represents 100% of the price. With an 8% discount, the amount paid $107,272 represents (100-8=92 or 92% of the purchase price. So $107,272 /.92 = MSRPCan someone help me solve these problem? Finding MSRP. What was the MSRP for a Hummer H1?Let P be the MSRP.



P(1 - 8%) = 107272

P(1 - 0.08) = 107272

0.92P = 107272

P = $116600

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