Step-by-step explanation and answers:
300 articles at a total cost of $1500:
$1500 / 300 = $5 / article
Sells 260 articles at a price 20% above this ^ price:
20% of $5 is $1, so $5 + $1 = $6
Then he sells 260 articles at the price of ^ $6
260 * $6 = $1560
Each of the remaining articles is sold at a price that's 50% of the 260 he sold.
He sold those for $6, so he would now sell the last 40 for $3
From the remaining 40 articles, he makes 40 * $3, or $120
The shopkeeper made $1560 + $120 = $1680, which is $180 more than he bought them for ($1500)
Therefore, he made a profit percentage of $180 / $1500, (the amount of profit over the amount spent).
He made a profit percentage, compared to the cost price, of 12%.
Statements 1 and 4 are correct. Let me know if you need more of an explanation. :)
Answer:
ACV=$4,500
Step-by-step explanation:
We have that the actual cash value (ACV) is defined as:
Where:
actual cash value
replacement cost or purchase price of the item
expected life of the item
current life of the item
Then we have R=$6,000, C=5years, and to find the expected life of the item we can use the depreciating of the roof, then if the roof is depreciating $200 each year we just need to divide $4,000 by $200 to find the expected life of the roof:
Then the espected life of the roof is 20 years, with this result we have all the data, then:
Then the ACV is $4,500
Sides, or lengths and widths
Answer:
157 is the answer
Step-by-step explanation:
If you go on google and type 235- 33% you get 157.45 and to the nearest whole number is 157 hope that helped.
