Thread: Algebra Question

I need help calculating the following:

0.15(x-2478703.83-0.03x)

Originally Posted by boothyuk123

I need help calculating the following:

0.15(x-2478703.83-0.03x)

What are you meant to calculate? Please type the question exactly as its originally worded.

I need some help with the following problem. I have calculated that a company has $2,000,000 in expenses and they sell 50,000 products. The company is wanting a 15% gross profit margin and there are also 3% collection expenses (3% of total sales). I am trying to establish what is the cost of each product?

I may have set up the equation incorrectly!

Any help would be appreciated!