Answer:
Yes
Step-by-step explanation:
2x2x2x7 is the correct answer
Answer:
Last year’s price = $2.96
Step-by-step explanation:
Given:
Current price of gasoline = $3.40
Higher rate = 15%
Find:
Last year’s price
Computation:
Last year’s price = Current price of gasoline [100 / (100 + 15)]
Last year’s price = Current price of gasoline [100 / (115)]
Last year’s price = $3.40 [100 / (115)]
Last year’s price = 2.95652
Last year’s price = $2.96
25% markup = original + 25% = 125% of original = 1.25 x original
Selling price = 1.25 x dealer price
Answer = 521.25/1.25=$417
