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o-na [289]
3 years ago
7

a department store buys 500 shirts at a cost of 3,000 and sells them at a selling price of $10 each. find the percent markup

Mathematics
2 answers:
natita [175]3 years ago
7 0

3000/500 = 6

Each shirt costs 6 dollars

percent markup

(new - original)/original

(10-6)/6

4/6

66.666666666%

66 2/3 % mark up

Rainbow [258]3 years ago
4 0

Answer:


Step-by-step explanation:10



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<h2>Answer </h2>

Amount (A) = P[1 + (r/100)]n

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Time period (n) = 2 years 4 months

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<h3>Steps </h3>

First, we will calculate Compound Interest (C.I) for the period of 2 years

A = P[1 + (r/100)]n

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= 26400[(100/100) + (15/100)]²

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Now, we will find Simple Interest (S.I) for the period of 4 months

Principal for 4 months after C.I. for 2 years = ₹ 34,914

<h3>We know that ,</h3>

S.I = PRT/100

Here T = 4 months = 4/12 years = 1/3 years

S.I. for 4 months = (1/3) × 34914 × (15/100)

= (1/3) × 34914 × (3/20)

= 34914/20

= 1745.70

Total interest for 2 years 4 months = 8514 + 1745.70

= 10259.70

Total amount for 2 years 4 months = 26400 + 10259.70

= ₹ 36659.70

<h3>So , the correct answer is ₹ 36659.70 . </h3>

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