Solve Algebra Word Problem: Overpayment Amount of \$85.00 • MHB • moore In summary, the conversation discusses a bill of$400.00 with a 25% payment due. There is a recurring overpayment amount of $85.00 that should have been deducted from the 25% payment, resulting in a total payment of$15.00. However, a different calculation was done which resulted in an overpayment of $78.75. The question is then raised about how much has been overpaid, with the correct answer being$63.75.
moore
March bill was \$400.00 for 25% to be paid of that. There is a recurring overpayment amount of \$85.00 so \$85.00 was to be withdrawn from the 25% of \$400.00 for a total of \$15.00. \$400.00 x .25 = \$100.00 \$100.00 - \$85.00 = \$15.00

However, rather than doing that; the following was done:

\$400.00 - \$85.00 = \$315.00 \$315.00 x .25 = \$78.75 How much has been overpaid now? moore said: March bill was$400.00 for 25% to be paid of that. There is a recurring overpayment amount of $85.00 so$85.00 was to be withdrawn from the 25% of $400.00 for a total of$15.00.

$400.00 x .25 =$100.00

$100.00 -$85.00 = $15.00 However, rather than doing that; the following was done:$400.00 - $85.00 =$315.00
$315.00 x .25 =$78.75

How much has been overpaid now?
Pretty straight forward, isn't it? According to your original computation, you should have paid 15.00. But if you paid according to the second (incorrect) calculation you would pay 78.75. You would have overpaid by 78.75- 15.00= 63.75.

HallsofIvy said:
Pretty straight forward, isn't it? According to your original computation, you should have paid 15.00. But if you paid according to the second (incorrect) calculation you would pay 78.75. You would have overpaid by 78.75- 15.00= 63.75.

1. What is an overpayment amount?

An overpayment amount refers to the difference between the amount paid and the actual cost of an item or service. In this case, it is the difference between the amount paid and the correct price of \$85.00.

2. How do I solve an algebra word problem involving an overpayment amount?

To solve an algebra word problem involving an overpayment amount, you will need to first identify the unknown variable, set up an equation using the given information, and then solve for the unknown variable using algebraic techniques such as simplifying, factoring, or isolating the variable.

3. What is the formula for calculating an overpayment amount?

The formula for calculating an overpayment amount is: Overpayment Amount = Amount Paid - Correct Price. This formula can be used to find the overpayment amount in any situation where the correct price and amount paid are known.

4. Can I use a calculator to solve an algebra word problem involving an overpayment amount?

Yes, you can use a calculator to solve an algebra word problem involving an overpayment amount. However, it is important to understand the concepts and steps involved in solving the problem manually before relying on a calculator.

5. How can I check if my solution for an algebra word problem involving an overpayment amount is correct?

You can check if your solution for an algebra word problem involving an overpayment amount is correct by plugging your solution back into the original equation and seeing if it satisfies the equation. You can also use a calculator to verify the solution.

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