Home Depot sold bird feeders for $69.99 and had marked them up $36.12. What was the cost of the feeders? Use the formula S = C + M.
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Textbook Solutions for Business Math,
Question
The formula Total cost Cost Shipping Installation is used to find the total cost of a business asset when setting up a depreciation schedule for the asset. The formula can be written in symbols as . Solve the formula for C, the cost of the asset. T = C + S + I = + +
Solution
The first step in solving 5 problem number 5 trying to solve the problem we have to refer to the textbook question: The formula Total cost Cost Shipping Installation is used to find the total cost of a business asset when setting up a depreciation schedule for the asset. The formula can be written in symbols as . Solve the formula for C, the cost of the asset. T = C + S + I = + +
From the textbook chapter EQUATIONS you will find a few key concepts needed to solve this.
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