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April 24, 2014

Homework Help: MATH_ALGEBRA

Posted by Anonymous on Wednesday, January 19, 2011 at 6:23pm.

The price to cover ornaments is a fixed amount plus a percentage of the value of the ornaments.
It costs $32 to insure $1000 worth of jewellery or $44.50 to insure $3500 worth of jewellery.
What is the fixed amount to insure jewellery?

A. $27.00
B. $31.25
C. $44.65
D. $58.82

This is what I got told to you, but like y do u have to subtract, I get the first equation, I dont get the second, and It still has to be solved. I really dont understand, please help

F = fixed amount
P = percentage

F + P(1000) = 32
-[f + p(3500) = 44.50]

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