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Elina [12.6K]
3 years ago
11

A company uses a variable percentage markup of 35% .if the total cost of a product is $15,what is its selling price

Mathematics
1 answer:
monitta3 years ago
7 0

The percentage mark up refers to the amount of money added to the cost price of goods to cover for the overheads and profit. In this case, the mark up price is 35% of the cost price, therefore: (35%=0.35)

Mark up = 0.35 * $15

Mark up = $5.25

However this is not yet the selling price. The selling price is the mark up value plus the original cost price, therefore:

Selling price = $5.25 + $15

Selling price = $20.25

Therefore the product is sold at $20.25.

 

<em>Alternate: </em>Another way to solve this is to directly multiply the cost price by 135%, that is: (135% = 1.35)

Selling price = 1.35 ($15)

<span>Selling price = $20.25</span>

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Answer: That is the first option:(<span>0, 0), (0, 3), (2, 3), (5, 0)</span>
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Ok, so this one may seem a little tricky, so I'll try to explain it as best as I can. :)

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Hope this helps :)

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I am confused on numbers 25 and 29, the instructions are at the top.
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<span>x= \sqrt{2x+3}
</span><span>3= \sqrt{2(3)+3}
</span><span>3= \sqrt{9}
</span>Extraneous root would be negative 3.

<span>-1= \sqrt{2(-1)+3}
</span><span>-1= \sqrt{1}
</span>Extraneous root would be positive 1.

Your answers are positive 3 and negative 1.
Extraneous roots are negative 3 and positive 1.
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