The first term is 7 because they both can be divided by 7.
Mark up value is either a fixed amount or a percentage of the total cost or selling price.
In this problem, mark up value is the percentage of the total cost.
To determine the retail price, total cost and mark up must be added.
Selling Price = Total Cost + Mark up value based on Total Cost
However, we are looking for the Total cost. Thus, our formula should be
Total Cost = Selling Price - Mark up value based on Total Cost.
Let X = total cost.
Selling Price = $8,000
Mark up vale = 6% of total cost.
X = $8,000 - 6%X
X = $8,000 - 0.06X
To get X, transfer -0.06X to the other side and change its sign from negative to positive.
X + 0.06X = $8000
1.06X = $8000
To get X, divide both sides by 1.06
1.06X / 1.06 = $8000 / 1.06
X = $7,547.17 total cost.
The problem is looking for the mark up value and since it states that the mark up value is 6% of the total cost, then:
Total Cost x 6% = Mark up value
$7,547.17 x 0.06 = $452.83 mark up value
To check:
X + 0.06X = $8000
$7547.17 + $452.83 = $8000
$8000 = $8000 equal.
Answer:
a) 1/10
b) 110
Step-by-step explanation:
A) we start by getting the total number of rolls
That would be;
11 + 22 + 7 + 8 + 13 + 19 = 80
The frequency of getting a 4 is 8
The probability that the next roll will be a 4 is;
8/80 = 1/10
b) Firstly, we get the probability of getting a 2
We have this as:
22/80
So for 400 rolls, the number of 2’s will be;
22/80 * 400
= 22 * 5 = 110
Thats impossible. it will be at least 30 dollars. but one night is 40 dollars
5 times something must equal 12
12/5 equals 2.4
w=2.4
