Answer:
a). The company's percentage=60%
b). The total premium=$812.50
c). The company's payment=$487.50
Step-by-step explanation:
a).
The total premium can be expressed as;
T=H+R
where;
T=proportion of total premium
H=proportion paid by Harold Wagner
R=remaining proportion
In our case;
T=100%
H=40%
R=r
replacing;
100%=40%+r
r=100%-40%
r=60%
The company's percentage=60%
b).
The total premium, if 40%=$325.00
Let total premium be=t
40% of t=325
(40/100)×t=325
0.4 t=325
t=325/0.4
t=$812.50
The total premium=$812.50
c).
The company's payment=60% of total premium
The company's payment=(60/100)×812.5
The company's payment=$487.50
Answer:
x=29 CEF=103 BEF=58
Step-by-step explanation:
161=3x+16+2x
5x=145
x=29
Answer:
Number of pounds of cashews = x = 14.96 pounds
Number of pounds of Brazil nuts = y = 19.04 pounds
Step-by-step explanation:
Let us represent:
Number of pounds of cashews = x
Number of pounds of Brazil nuts = y
The nut shack sells cashews for $6.00 per pound and Brazil nuts for $5.00 per pound. How much of each type should be used to make a 34 pound mixture that sells for $5.44 per pound
Our system of equations is given as:
x + y = 34...... Equation 1
x = 34 - y
6x + 5y = 34 × 5.44
6x + 5y = 184.96.......Equation 2
Ww substitute : 34 - y for x in Equation 2
6(34 - y) + 5y = 184.96
204 - 6y + 5y = 184.96
Collect like terms
- 6y + 5y = 184.96 - 204
-y = -19.04
y = 19.04 pounds
Solving for x
x = 34 - y
x = 34 - 19.04
x = 14.96 pounds
Number of pounds of cashews = x = 14.96 pounds
Number of pounds of Brazil nuts = y = 19.04 pounds
