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spayn [35]
3 years ago
12

A seller buys an item from a manufacturer for $9,500. He increases the cost by 5 percent. What is the markup value?

Mathematics
2 answers:
Lynna [10]3 years ago
5 0

5% of 9,500 is 475 so you would add them together. 9,500 + 475 = 9,975 so 9,975 is the answer

Sergeeva-Olga [200]3 years ago
4 0

$9975

consider $9500 to be 100% then an increase of 5% means the cost will be

100 + 5 = 105% = \frac{105}{100} = 1.05 of an increase

markup = 1.05 × $9500 = $9975


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Answer:

c) The growth factor per days is 1.08

e) The growth factor per hour is 1.08^{1/24}

Step-by-step explanation:

Given the following data;

P(d) = 10 * 1.08^{d} in thousands.

a. To find the number of insects on day 1;

Day, d = 1

P(d) = 10 * 1.08^{d} ......equation 1

Substituting into the formula, we have;

P(1) = 10 * 1.08^{1}

P(1) = 10 * 1.08

P(1) = 10.08

Therefore, option (a) and (b) are incorrect.

c. To find the growth factor per day;

An exponential function is given by the formula;

y = mg^{x} .....equation 2

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Comparing eqn 2 with eqn 1;

g = 1.08

Therefore, option (c) is correct.

e. To find growth factor per hour;

From equation 1 above;

P(1) = 10 * 1.08^{\frac {1}{2}}

Therefore, option e is correct.

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Step-by-step explanation:

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