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Schach [20]
3 years ago
7

What price should a retailer place on an item that costs him $6.95, if he wants a markup of 33%?

Mathematics
2 answers:
miss Akunina [59]3 years ago
5 0
$9.24 would be the correct answer :)
Dmitrij [34]3 years ago
3 0

Answer:

The marked price of the item is $9.24.

Step-by-step explanation:

The cost of an item is $6.95.

The retailer wants a markup of 33%.

The markup amount is

6.95\times \frac{33}{100}=2.2935

The marked pries is the addition of original cost and markup value.

\text{Marked price}=6.95+2.2935=9.2435\approx 9.24

Therefore the marked price of the item is $9.24.

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Sharon borrowed $750 at 12% for one year. She paid a $20 processing fee. How much will she pay in interest?
Hunter-Best [27]

Answer:

$90

Step-by-step explanation:

The principal amount in the loan taken by Sharon is $750 . Note hat the $20 processing fee is a one time cost and is not included in the interest calculation.

Annual Rate of interest offered to Sharon is 12%

Time interval for the loan transaction is 1 year.

So the interest for 1 year is given by \[Principal * Rate * Year /100\]

\[750 * 12 * 1 /100\] = $90

So, Sharon will have to pay $90 as interest for the loan amount $750 borrowed for one year at the rate 12%.

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1.27(v+-7)=-17.78<br> Solve for v.
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Answer:

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Step-by-step explanation:

In pic

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VashaNatasha [74]

Answer:

2^2 * 3^3

Step-by-step explanation:

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7 0
3 years ago
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What is the solution to 11 = x – 4?
marishachu [46]
Well to find out X, you have to do the opposite to what it's asking to each side. So 11=x-4

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