75% of a ship’s cargo was destroyed by an on-board fire. The captain of the ship sold the remaining

Discussion in 'Calculator Requests' started by math_celebrity, Oct 19, 2020.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    75% of a ship’s cargo was destroyed by an on-board fire. The captain of the ship sold the remaining cargo, which was slightly damaged, for 25% of its real value and received $1400. What was the value of the cargo before the fire? (Do not include the $ sign or commas in the answer)

    So 25% of the cargo is left.
    This was sold at 25% of value.

    Let the starting value be s:
    We have 0.25 * 0.25 * s = 1400
    0.0625s = 1400

    To solve for s, we type this equation into our search engine and we get:
    s = 22400
     

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