What is the Cost of a book that costs 1$ plus half of its price?

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The discussion centers around the mathematical interpretation of the phrase "What is the cost of a book that costs $1 plus half of its price?" Participants analyze various interpretations, leading to multiple conclusions. The primary mathematical equation derived is x = 1 + 0.5x, which simplifies to x = 2, indicating the book costs $2. However, alternative interpretations suggest costs of $1.50, $0.50, or even $0.98 based on different assumptions about the terms "cost" and "price." Ultimately, the consensus leans towards $2 as the most straightforward answer.

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I don't know if this already been posted but here it goes:


What is the Cost of a book that costs 1$ plus half of its price?
 
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1/2x + 1 = x

x=2

The book costs $2?
 
Oriako said:
1/2x + 1 = x

x=2

The book costs $2?

Nope.
 
The book is priceless. :D
 
Book has a price, and i don't think anyone here can find it.
 
Deicider said:
Nope.

I don't understand why you think Oriako is wrong, please explain.

DaveE
 
>What is the Cost of a book that costs 1$ plus half of its price?

The answer is $1.50.

As you stated, the book costs $1.00.
Add half its price and the cost becomes $1.50.
 
Goongyae said:
As you stated, the book costs $1.00.
Add half its price and the cost becomes $1.50.

Ok, so the fault is with English, then? The difference between:

What is the Cost of (a book that costs 1$) plus (half of its price)?

Versus:

What is the Cost of a book that (costs 1$ plus half of its price)?

DaveE
 
So the book either costs 1$, 1.5$, 2$ or infinity$...

I have a feeling the thread will turn out to be like: http://www.xkcd.com/169/
 
  • #10
LMAO @ this thread

I still want to know if my answer of $1.50 was correct or not.
 
  • #11
Are you going to tell us the answer? I'm intrigued what it could be...
 
  • #12
Not this nonsense, again. You've posted this in another forum, trying to play poorly-worded games with "price" versus "cost".

Ignoring the silly nonsense, with "cost" and "price" being synonyms, the answer is of course $2.
Pay attention to the silly nonsense and the answer is a cumquat (or whatever you want).
 
  • #13
D H said:
Not this nonsense, again. You've posted this in another forum, trying to play poorly-worded games with "price" versus "cost".

Ignoring the silly nonsense, with "cost" and "price" being synonyms, the answer is of course $2.
Pay attention to the silly nonsense and the answer is a cumquat (or whatever you want).

Nope.
Still wrong answer.
 
  • #14
If P = price and C = cost, then C = $1 + P/2. For instance, for a dime novel, the price is $0.1 and the cost is $1.05. That's why you don't see dime novels anymore. However, for a book with a price of $1,000,000,000,000,000,000,000,000.02, the cost would be $500,000,000,000,000,000,000,001.01 and since this is beyond the means of most publishers, you don't see these kinds of books anymore either.
 
  • #15
I've finally solved it! The answer is either $0.50 or $0.98.

>What is the Cost of a book that costs 1$ plus half of its price?

We have the profit of buying the book at -$1, plus half the price of the book at $0.50, for a total profit of $-0.50, or a total cost of $0.50.

But what if the statement means "What is the Cost of a book that costs one dollar, plus half of its (the dollar's) price?"

It is impossible to buy a dollar anywhere (you can certainly trade something for a dollar, but it's not called "buying" a dollar). Therefore the only meaningful price atributable to a dollar would be the price paid by the Treasury Department to manufacture it, i.e. $0.04.

Thus we have the profit of buying the book at -$1, plus half the price of the dollar at $0.02, for a total profit of $-0.98, or a total cost of $0.98.
 
  • #16
Goongyae said:
I've finally solved it! The answer is either $0.50 or $0.98.

>What is the Cost of a book that costs 1$ plus half of its price?

We have the profit of buying the book at -$1, plus half the price of the book at $0.50, for a total profit of $-0.50, or a total cost of $0.50.

But what if the statement means "What is the Cost of a book that costs one dollar, plus half of its (the dollar's) price?"

It is impossible to buy a dollar anywhere (you can certainly trade something for a dollar, but it's not called "buying" a dollar). Therefore the only meaningful price atributable to a dollar would be the price paid by the Treasury Department to manufacture it, i.e. $0.04.

Thus we have the profit of buying the book at -$1, plus half the price of the dollar at $0.02, for a total profit of $-0.98, or a total cost of $0.98.

Not correct but you're close.
Go for it, i see the potential in you.
 
  • #17
Deicider said:
I don't know if this already been posted but here it goes:What is the Cost of a book that costs 1$ plus half of its price?

Well...lets see...

Case 1: as the question is worded, the book costs $2

Case 2: we take the question at face value and don't think about it too much, the book costs $1

Case 3: the book costs 1 dollar and is then marked up by 50%, the book costs $1.50

Case 4: because Cost is capitalized, it is obviously referring to the manufacturer's cost of making the book. Assuming that the manufacturer sells it at a 10% profit, the store then sells it again for a 10% profit, and we use the value from case 1, the book Costs about $1.65

Case 5: see goongyae's https://www.physicsforums.com/showpost.php?p=3171447&postcount=15", i like it (but if you combine both parts, wouldn't the book end up costing either $0.52 or $1.52, depending on interpretation of the word "plus"?)

Case 6: we hire the professional detective from this https://www.physicsforums.com/showthread.php?t=477512", who then promptly investigates the matter and informs us that our initial value of $2 is correct
 
Last edited by a moderator:
  • #18
the Cost of a book that costs 1$ = 1$
 
  • #19
is it either 2.25 or 3.375 ? or something along those lines...like the number plus half of itself repeatedly? or it is either an infinite amount of $'s.or is it free?
 
Last edited:
  • #20
f(x)'s first case is correct.

Cost of the book is x. The question reads as cost of the book equals $1 plus half the cost of the book.

So: x=1+.5x


Thus: x=2
 

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