Problema Solution
The Book Nook makes four times as much revenue on paperback books as on hardcover books. If last month's sales totaled $124,300, how much was sold of each type book?
Answer provided by our tutors
let
p = the revenue on paperback books
h = the revenue of hardcover books
the Book Nook makes four times as much revenue on paperback books as on hardcover books
p = 4h
last month's sales totaled $124,300
p + 4h = 124300
by solving the system of equations
p = 4h
p + 4h = 124300
we find
h = $15,537.5
p = $62,150.00
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there was $62,150.00 revenue from the paperback books and $15,537.5 revenue from the hardcover books.