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Math
Advanced MathContemporary Mathematics for Business & Consumers8th Edition

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Chapter 5, Problem 24AT
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Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

Solutions

Chapter
Section
Problem 1CR
Problem 2CR
Problem 3CR
Problem 4CR
Problem 5CR
Problem 6CR
Problem 7CR
Problem 8CR
Problem 9CR
Problem 10CR
Problem 11CR
Problem 12CR
Problem 13CR
Problem 14CR
Problem 1AT
Problem 2AT
Problem 3AT
Problem 4AT
Problem 5AT
Problem 6AT
Problem 7AT
Problem 8AT
Problem 9AT
Problem 10AT
Problem 11AT
Problem 12AT
Problem 13AT
Problem 14AT
Problem 15AT
Problem 16AT
Problem 17AT
Problem 18AT
Problem 19AT
Problem 20AT
Problem 21AT
Problem 22AT
Problem 23AT
Problem 24AT
Problem 25AT
Problem 26AT
Problem 27AT
Problem 28AT
Problem 29AT
Problem 30AT
Problem 31AT
Problem 32AT
Problem 33AT
Problem 34AT
Problem 1CLA
BuyFindarrow_forward

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

Set up and solve equations for the following business situations.

Do It Best Hardware is offering a 140-piece mechanic’s tool set plus a $65 tool chest for $226. What is the cost per tool?

Do it Best Corp. engages in the wholesale distribution of hardware, lumber, builder supplies, and related products. The company is a member- owned cooperative and is guided by the members of the board of directors. This group is entirely composed of and elected by Do it Best Corp. stockholders—those hardware, lumber, and home center store owners who make up the 4,100 member-retailers in the United States and in 45 countries around the world.

Sources: www.doltbestcorp.com and www.businessweek.com

Chapter 5, Problem 24AT, Set up and solve equations for the following business situations. Do It Best Hardware is offering a

To determine

To calculate: The cost of one tool, if a mechanic’s tool of 140 -pieces and a $65 tool chest offered by Do It Best Hardware are in $226.

Explanation

Given Information:

A mechanic’s tool of 140 -pieces and a $65 tool chest offered by Do It Best Hardware are in $226.

Formula used:

To solve the equation and prove the solution, follow the steps as mentioned below.

Step 1: Understand the problem and write the facts of the equation.

Step2: List the known and the unknows from the problem.

Step3: Write the equation with the help of following table of key word,

Equal Sign

Addition

Subtraction

Multiplication

Division

Parentheses

Is

And

Less

Of

Divide

Times the quantity of

Are

Added to

Less than

Multiply

Divided by

Was

Totals

Smaller than

Times

Divided into

Equals

The sum of

Minus

Product of

Quotient of

Gives

Plus

Difference

Multiplied by

Ratio of

Giving

More than

Decreased by

Twice

Leaves

Larger than

Reduced by

Double

Results in

Increased by

Take away

Triple

Produces

Greater than

Loss of

At

yields

exceeds

Fewer than

@

Step4: Solve the equation by rearrange the unknown values to the left side and known values to right side of the equal sign.

Step5: Prove the solution by substituting the value obtained from step 4 in the equation formed in step 4 then check the left and right of the equation if, they are equal then the answer is correct.

Calculation:

Underline the keyword by using the table of key word.

Cost of one 140 -pieces plus $65 equals total amount, $226

Suppose that X be cost of one tool from 140 -pieces

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Sect-5.I P-1TIESect-5.I P-2TIESect-5.I P-3TIESect-5.I P-4TIESect-5.I P-5TIESect-5.I P-6TIESect-5.I P-7TIESect-5.I P-8TIESect-5.I P-9TIESect-5.I P-10TIE
Sect-5.I P-1RESect-5.I P-2RESect-5.I P-3RESect-5.I P-4RESect-5.I P-5RESect-5.I P-6RESect-5.I P-7RESect-5.I P-8RESect-5.I P-9RESect-5.I P-10RESect-5.I P-11RESect-5.I P-12RESect-5.I P-13RESect-5.I P-14RESect-5.I P-15RESect-5.I P-16RESect-5.I P-17RESect-5.I P-18RESect-5.I P-19RESect-5.I P-20RESect-5.I P-21RESect-5.I P-22RESect-5.I P-23RESect-5.I P-24RESect-5.I P-25RESect-5.I P-26RESect-5.I P-27RESect-5.I P-28RESect-5.I P-29RESect-5.I P-30RESect-5.I P-31RESect-5.I P-32RESect-5.II P-11TIESect-5.II P-12TIESect-5.II P-13TIESect-5.II P-14TIESect-5.II P-15TIESect-5.II P-16TIESect-5.II P-17TIESect-5.II P-1RESect-5.II P-2RESect-5.II P-3RESect-5.II P-4RESect-5.II P-5RESect-5.II P-6RESect-5.II P-7RESect-5.II P-8RESect-5.II P-9RESect-5.II P-10RESect-5.II P-11RESect-5.II P-12RESect-5.II P-13RESect-5.II P-14RESect-5.II P-15RESect-5.II P-16RESect-5.II P-17RESect-5.II P-18RESect-5.II P-19RESect-5.II P-20RESect-5.II P-21RESect-5.II P-22RESect-5.II P-23RESect-5.II P-24RESect-5.II P-25RESect-5.II P-26RESect-5.II P-27RESect-5.II P-28RESect-5.II P-29RESect-5.II P-30RECh-5 P-1CRCh-5 P-2CRCh-5 P-3CRCh-5 P-4CRCh-5 P-5CRCh-5 P-6CRCh-5 P-7CRCh-5 P-8CRCh-5 P-9CRCh-5 P-10CRCh-5 P-11CRCh-5 P-12CRCh-5 P-13CRCh-5 P-14CRCh-5 P-1ATCh-5 P-2ATCh-5 P-3ATCh-5 P-4ATCh-5 P-5ATCh-5 P-6ATCh-5 P-7ATCh-5 P-8ATCh-5 P-9ATCh-5 P-10ATCh-5 P-11ATCh-5 P-12ATCh-5 P-13ATCh-5 P-14ATCh-5 P-15ATCh-5 P-16ATCh-5 P-17ATCh-5 P-18ATCh-5 P-19ATCh-5 P-20ATCh-5 P-21ATCh-5 P-22ATCh-5 P-23ATCh-5 P-24ATCh-5 P-25ATCh-5 P-26ATCh-5 P-27ATCh-5 P-28ATCh-5 P-29ATCh-5 P-30ATCh-5 P-31ATCh-5 P-32ATCh-5 P-33ATCh-5 P-34AT

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