PLEASE HELP ASAP THANK YOU
1 answer:
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The simplest interpretation would go a little something like this:
We know that we want the total donation amount to be more than $7,900, so we can set up this inequality to begin with
Where D is the total donations raised (in dollars). How do we find D? Well, we just add up the total number of table reservations sold and the total number of single tickets sold. If we let r stand for the number of reservation tickets and s stand for the number of single tickets, then we have
So, the inequality representing this situation would be
And that would probably be fine for this problem.
<span><em>Footnote:</em> </span>Of course, if this were a real-life scenario, we'd need to take some additional details into account: How many tables do we have? How many people can be seated at each table?
We know that we want the total donation amount to be more than $7,900, so we can set up this inequality to begin with
Where D is the total donations raised (in dollars). How do we find D? Well, we just add up the total number of table reservations sold and the total number of single tickets sold. If we let r stand for the number of reservation tickets and s stand for the number of single tickets, then we have
So, the inequality representing this situation would be
And that would probably be fine for this problem.
<span><em>Footnote:</em> </span>Of course, if this were a real-life scenario, we'd need to take some additional details into account: How many tables do we have? How many people can be seated at each table?
Answer:
The net profit rate on the book is 5.41
Step-by-step explanation:
Given as :
The marks up percentage of book = m = 40%
The overhead rate is 16% of selling price
The cost price of book = c.p = $18.10
Let The profit = $p
Let The selling price = s.p
<u>Now, According to question</u>
mark up percentage =
I.e 40% =
Or, + 1 =
Or, =
Or, s. p =
∴ s.p = $25.34
So, selling price of book = s.p = $25.34
Now, The overhead percentage = 16%
i.e overhead rate =
Or, estimated cost = 16% × 25.34
I,e estimated cost = 0.16 × 25.34
∴ estimated cost = $4.05
Now,
Profit = selling price of book - estimated book cost
I.e p = $25.34 - $4.05
∴ p = $21.29
So, The profit rate% =
I.e The profit rate% =
∴ profit rate %= 5.41
So, The profit rate = p = 5.41
Hence, The net profit rate on the book is 5.41 Answer