Answer:
option: D is correct. ( (D) a markup of 15% on selling price is equivalent to a 85% markup on cost ).
Step-by-step explanation:
" Markup is the percentage difference between a product's cost and its selling price "
Since we are asked to Convert a markup of 15% on selling price to its equivalent markup on cost.
As there is a markup of 15% on selling price. Hence the cost of the product would be (100-15)%=85% of the selling price.
<em>Hence, a markup of 15% on selling price is equivalent to a 85% markup on cost.</em>
<em>Hence, option D is true.</em>
Answer:
Hence, the value of the digit 4 will be i.e. 40 or forty. Example 1: Work out the place value, face value and value of 6 in the number 56,523.22.
R = ((3V)/((pi)(h^2))+h)/3
Answer:
2,995 or 35,940(?)
Step-by-step explanation:
I don't exactly remember how to do this so, I'll show you two different ways I solved this
Use the formula I=P*r*t
I=Interest
P=Principal
r=rate
t=time
To solve this you'll have to...
The principal is 29,950, the rate is 5% but it'll become a decimal which is 0.05, and the time is 2
Put it into the formula form 29,950*0.05*2= 2,995 in interest
Or...
You'll use the same formula, but this time multiply 0.05 by 12 since there are 12 months in one year which is 0.6, so...
29,950*0.6*2=35,940 in interest
I hope one works!
