Answer:
$568.75
Step-by-step explanation:
To find the markup, we multiply the original price by the percentage of markup
Markup = 175 * 225%
=175 * 2.25
=393.75
The new price is the markup plus the original price
New price = markup+ original price
=393.7+175
=568.75
Answer:

And we can find this probability with the complement rule and we got:

And using the normal standard table or excel we got:

Step-by-step explanation:
Previous concepts
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".
Solution to the problem
Let X the random variable that represent the prices of a population, and for this case we know the distribution for X is given by:
Where
and
We are interested on this probability
And the best way to solve this problem is using the normal standard distribution and the z score given by:
If we apply this formula to our probability we got this:

And we can find this probability with the complement rule and we got:

And using the normal standard table or excel we got:

And we can find this probability on this way:
It should be around 27.45
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