A) y=1.1x+23 B) y=1.25x+20 C) y=1.25+40.67 D)y+1.4+40.67
1 answer:
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Answer:
A) The selling price for each necklaces is $8.625
B) The profit mark in each necklaces is 15%
Step-by-step explanation:
Given as :
The total cost of two necklaces = c.p = $15
The markup percentage for the necklaces = m = 15%
Let The selling price for both necklaces = s.p
A ) <u>Now, From markup method</u>
m% =
or, 15% =
or, 15% = - 1
or, = 1 + 15%
or, = 1 +
or, =
or, =
∴ s.p =
I.e s.p = $17.25
So, selling price of two necklaces = s.p = $17.25
or, selling price of one necklaces = s.p = = $8.625
Hence, The selling price for each necklaces is $8.625
<u>Now, Again</u>
B) ∵ The total cost of two necklaces = c.p = $15
So, The cost price of one necklaces = = $7.5
∴ profit% for each necklace =
i.e profit% for each necklace =
Or, profit% for each necklace =
Or, profit% for each necklace = 0.15
So, The profit make in each necklaces = 15%
Hence, The profit mark in each necklaces is 15%
Answer