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)
Let Mary's age be x.
Paul is three times as old as Mary, so Paul's age would be 3x.
Peter is four times as old as Mary, so Peter's age would be 4x.
The sum of their ages is 64
⇒ Paul's age+ Peter's age+ Mary's age= 64
⇒ 3x+ 4x+ x= 64
⇒ 8x= 64
⇒ x= 64/8
⇒ x= 8
Paul's age is: 3x= 3*8= 24
Peter's age is: 4x= 4*8= 32
Final answer: Paul is 24 years old.
Peter is 32 years old.
Mary is 8 years old.
Hope this helps~
Answer:
80m
Step-by-step explanation:
The height of giant redwood tree is 100m.
so half of it is 50m
The height of redwood tree is 30m+ 50m= 80m
1 ton = 2,000 pounds
3 tons = 6,000 pounds
$480/6,000 = 0.08
per pound is $0.08