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)
Answer:
583$
Step-by-step explanation:
6% is equal to 0.06, so you multiply 550 by 0.06. which equals 33. Then, because it asks for how much Katie played, including the tax and TV, you add 33 to 550.
Answer:
33.333333333333%
Step-by-step explanation:
Answer:

Step-by-step explanation:
<h3>METHOD 1:</h3>

<h3>METHOD 2:</h3>
