Answer:
20% profit margin!
Step-by-step explanation:
Let suppose If the cost of a bucket is $100.
As the bucket is sold to 1/5 of the bucket cost.
i.e. 1/5 × 100 = $20
We know that 20% of 100 is 20.
i.e. 20/100 × 100 = 20
It mathematically means if the cost of the bucket was 100, and he sold at a profit equal to one - fifth of its cost price. It indicates that he earned a $20 profit. In other words, the person got a 20% profit percentage.
Note: I tried to take sample costs like $100 to make you understand as simple as I can.
Thus, if a bucket is sold at a profit equal to one - fifth of its cost price, the profit margin will always 20%, because if there are 5 parts of an object, 1 part makes the 20%.
I hope you get my point.
Answer:
28?
Step-by-step explanation:
103+53=156
156/2=78
The average or mean is 78
Answer:
y = 3^(1 + x)
Step-by-step explanation:
Notice that each time x increases by 1, y increases by a factor of 3.
Thus, the required equation has the form y = 3^x.
Check: If x = 0, do we get 3? No. Therefore we must modify the exponent:
y = 3^(1 + x)
Check: If x = 0, do we get 3? 3^(1 + 0) = 3 (correct)
If x = 2, do we get 27? 3(1 + 2) = 3^3 + 27 (correct)
First year:
.3 x 2593 = 777.9
$2593 - $777.90 = $1815.10
Second year:
.3 x 1815.10 = 544.53
$1815.10 - $544.53 = $1270.57
Third year:
.3 x 1270.57 = <span>381.171
$1270.57 - $381.171 = $</span>889.39900
$889.39900 rounded to the nearest hundredth is $889.40
