Answer:
10.5 %
<u>Skills needed: Financial Math Essentials</u>
Step-by-step explanation:
1) First, before getting started, let's assume the price of the product is 
. This variable will be used a lot throughout the problem ().
2) Marking a price above means increasing the price in order to make money off of the purchased product. When raising something by 
percent, the new price would be 
.
---> In this case, the price increased by 
percent.
This means that it would be: 
New price is: 
3) The shopkeeper is then offering a 
percent discount off of this marked price. When offering a 
percent discount price, the new price (with discount), expressed algebraically is: 
---> the expression above simplifies to 
In this case, 
, 
---> 
This means that , with discount, has been raised 
.
10.5 % is the profit percent
(The profit percent being the final marked up price - purchased price)
The formula to solve for the volume (V) of a rectangular prism is,
V = L x W x H
where L is the length, W is width, and H the height or depth.
Substituting the known dimensions on the equation above,
V = (4 in) x (9 in) x (2.2 in) = 79.2 in^3
Thus, the volume of the cake pan is 79.2 in^3.
Answer:8ft
Step-by-step explanation: easy math. Glad i could help.
50x1/10 equals 50/10 so the answer is 5.
63/80 x 100 = 78.8%
You divide normally but multiply by 100 (moving the decimal over two places).
