The Markup percentage is mathematically given as
M=42%
<h3>What is Mark up percentage?</h3>
The markup % may be determined by dividing the gross profit of a unit (the difference between its sales price and the amount it cost to create or buy for resale) by the amount that unit originally cost. If a product sells for $12 but only costs the corporation $8 to produce it, the markup percentage for that product is 50%, which can be calculated as (12 - 8) divided by 8.
Generally, the equation for is Total cost price mathematically given as
TCP= Pay+insurance
Therefore
TCP=35.5*1.6
TCP=284/5
Generally, the equation for is Total selling price mathematically given as
TSP=89.99+7.99
TSP=97.98
In conclusion, Mark up percentage is


M=0.4202898551*100
M=42%
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Answer: the number of adult tickets is 210
The number if student tickets is 270
Step-by-step explanation:
Let x represent the number of adult tickets that were purchased.
Let y represent the number of student tickets that were purchased.
At the ritz, concert tickets for adults cost $6 and tickets for students cost $4. If the cost of total tickets purchased is $2340, then,
6x + 4y = 2340 - - - - - - - -1
Total number of tickets purchased is 480. This means that
x + y = 480
x = 480 - y
Substituting x = 480 - y into equation 1, it becomes
6(480 - y) + 4y = 2340
2880 - 6y + 4y = 2340
- 6y + 4y = 2340 - 2880
-2y = - 540
y = - 540/-2 = 270
x = 480 - 270
x = 210
Here is the correct answer along with the way i got it! I hope this helps :)
I just soleved a question for someone that had an equation. Sorry if it bothers you that i have the steps on it. Hopefully it helps.