Answer:
10.5 %
<u>Skills needed: Financial Math Essentials</u>
Step-by-step explanation:
1) First, before getting started, let's assume the price of the product is 
. This variable will be used a lot throughout the problem ().
2) Marking a price above means increasing the price in order to make money off of the purchased product. When raising something by 
percent, the new price would be 
.
---> In this case, the price increased by 
percent.
This means that it would be: 
New price is: 
3) The shopkeeper is then offering a 
percent discount off of this marked price. When offering a 
percent discount price, the new price (with discount), expressed algebraically is: 
---> the expression above simplifies to 
In this case, 
, 
---> 
This means that , with discount, has been raised 
.
10.5 % is the profit percent
(The profit percent being the final marked up price - purchased price)
It could be 400,000 or 383,000
Answer:
y = -3x - 11
Step-by-step explanation:
Use the given slope and point in the point-slope equation. Solving this will give us the y-intercept equation.
Point-slope formula: y - y = m(x - x)
Plug in the slope and point
y - (-5) = -3(x - (-2))
Subtracting negatives will make them positive. Multiply out the -3 to what is in the parentheses.
y + 5 = -3x - 6
Subtract the 5 from both sides
y = -3x - 11
The equation of the line is y = -3x - 11
Answer:
18.75%
Step-by-step explanation:
Hello,
3 students are both female and senior
the total number of students is 7+10+8+5=30
so the probability to select one female senior is 3/30=1/10=0.10
probability to select one female is 16/30=16/30
probability that the student is a senior given that it's female is
=P(female and senior)/P(female)
=1/10*30/16=3/16
hope this helps
