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Algebra question. Need to brush up the basics.?
I'm taking the college placement tests and I forgot the basic algebra stuff.
It's like 7th grade all over again... help please.
Tim is able to sell a hand-carved statue for $670 which was a 35% profit over his cost. How much did the statue originally cost him?
A. $496.30
B. $512.40
C. $555.40
D. $574.90
E. $588.20
Solve the following equation for A : 2A/3 = 8 + 4A
A. -2.4
B. 2.4
C. 1.3
D. -1.3
E. 0
The sales price of a car is $12,590, which is 20% off the original price. What is the original price?
A. $14,310.40
B. $14,990.90
C. $15,290.70
D. $15,737.50
E. $16,935.80
Alfred wants to invest $4,000 at 6% simple interest rate for 5 years. How much interest will he receive?
A. $240
B. $480
C. $720
D. $960
E. $1,200
Need to know the way to solve it than the actual answer.
PROBLEM 1:
Assume the initial cost was x. The new cost after appreciation is x + 0.35x. You can also write this as 1.35x = 670
You should be able to solve this from there by dividing.
PROBLEM 2:
Start by multiplying both sides by 3 to get rid of the denominator. From there it is simple algebraic manipulation. Hint, also try plugging your answer into the equation as a double-check.
PROBLEM 3:
Again x - 0.2x = 12590. This is the same as (1 - 0.2)x = 12590 or 0.8x = 12590.
PROBLEM 4:
Figure the interest for 1 year.
4000 x 0.06 = ?
Since this is simple interest (no compounding), you just multiply that by the number of years.
First Map Tut #1 - Brushing up your World [ATGLordMelchior]
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