A pawn broker buys a tv and a computer for $600. He sells the computer at a markup of 30% and the tv

Discussion in 'Calculator Requests' started by math_celebrity, Jan 31, 2017.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    A pawn broker buys a tv and a computer for $600. He sells the computer at a markup of 30% and the tv at a markup of 20%. If he makes a profit of $165 on the sale of the two items, what did he pay for the computer?

    Let c be the price of the computer and t be the price of the tv. WE have:
    1. c + t = 600
    2. c(1.3) + t(1.2) = 765 <-- (600 + 165 profit)
    Using our simultaneous equation calculator, we get:
    c = 450
    t = 150
     

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