I believe 63 would be correct
Answer:
Gross profit formula= 3x
x= number of units sold
Step-by-step explanation:
Giving the following information:
Unitary variable cost= $2
Selling price per unit= $5
<u>To calculate the profit earned, we need to use the unitary contribution margin formula</u>. The contribution margin is a product's price minus all associated variable costs (sales- variable costs), resulting in the incremental profit earned for each unit sold.
Unitary contribution margin= 5 - 2 = 3
<u>Now, the profit formula:</u>
Gross profit formula= number of units*unitary contribution margin
Gross profit formula= 3x
x= number of units sold
Answer:
The percentage increase in bird population in the second years is 4% .
Step-by-step explanation:
Given as :
During two years, the population of birds of an island became 7 times more than before.
The the percentage increase in first year = =
=40%
Let The percentage increase in second year =
= r%
So, According to question
The initial population of bird = x
The increase population of bird =7 times before = 7 x
Now,
The increase population of bird = initial population of bird × (1+
) × (1+
)
Or, 7 x = x × (1+
) × (1+
)
Or,
= 1.4 × (1+
)
Or, 7 = 1.4 × (1+
)
Or,
= (1+
)
Or, 5 = (1+
)
Or, (1+
) = 5
Or,
= 5 - 1
Or,
= 4
∴ r = 4 × 100
I.e r = 400
so, The percentage increase = r% = 4
Hence The percentage increase in bird population in the second years is 4% . Answer