The answer is C!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Answer: $54.75
Step-by-step explanation:
The price the shoes are sold to the warehouse is:
= 24 * ( 1 + 15%)
= 24 * 1.15
= $27.60
The price the warehouse sells it is:
= 27.60 + 10
= $37.60
Price distributor sells is:
= 37.60 * 1.12
= $42.112
Fine shoes will then sell at 30% profit:
= 42.112 * 1.3
= $54.7456
= $54.75
The answer is B. The problem involves partial sums, thus the presence of sigma for easier coverage. The number above the sigma is the number where the process stops, while the number below is the starting value of the unknown value in the equation.
