Find the selling price of a $36 item after a 50% markup
1 answer:
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Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Answer:
Money raised by each team = 94 + 11 = <em>$105</em>
Number of cars washed = <em>11</em>
Step-by-step explanation:
Money already present with volleyball team = $50
Money raised by washing each car by volleyball team = $5
Let the number of cars washed =
Money raised by washing cars = $5
Money already present with volleyball team = $94
Money raised by washing each car by volleyball team = $1
Money raised by washing cars = $1 = $
Given that, both the teams have raised same amount of money:
Money raised by each team = 94 + 11 = <em>$105</em>
Number of cars washed = <em>11</em>