a department store buys 300 shirts at a cost of 1800 and sells them for $10 each. find the percent markup rounded to the nearest
2 answers:
Answer: 67%
Step-by-step explanation:
Given : A department store buys 300 shirts at a cost of $1800 .
Then By unitary method , the cost of one shirt = Cost of 300 shirts divided by 300
= $1800 ÷ 300 = $6
i.e. cost of one shirt = $6
Also, Selling price of one shirt = $10
Price mark up = Selling price - Cost price
= $10-$6 = $4
The percent mark up=
(<em>rounded to the nearest percent</em>)
Hence, the percent markup = 67%
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Answer:
a)
And for this case we can rewrite the model like this:
If we integrate both sides we got:
If we use exponentials for both sides we got:
For this case and r = -0.16
So then our model would be given by:
Where t represent the number of hours
b)
Step-by-step explanation:
Part a
For this case we can assume the proportional model given by:
And for this case we can rewrite the model like this:
If we integrate both sides we got:
If we use exponentials for both sides we got:
For this case and r = -0.16
So then our model would be given by:
Where t represent the number of hours
Part b
For this case we can replace the value t=5 into the model and we got: