Question

A bookstore sells a college algebra book for $90. If the bookstore makes a profit of 25% on each sale,what does the bookstore pay the publisher for each book?

Answer 1

Okay, here we have this:

Considering the provided information, we obtain that:

The total price = Commission of the bookstore + Payment to the publisher

Replacing:

$90=$90(0.25)+Payment to the publisher

Payment to the publisher=$90-$90(0.25)

Payment to the publisher=$90-$22.5

Payment to the publisher=$67.5

Finally we obtain that the bookstore pay $67.5 to the publisher for each book.