Joe invests $1000 at the start of each year for five years and earns 6.3% simple interest on his investments. How much will all
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Given,
CP of cosmetics = Rs 360 per dozen
SP of a pair of cosmetics = Rs 80
We need to find the profit percentage.
Solution,
We know that,
1 dozen = 12 items
CP of 1 cosmetic = 360/12 = Rs 30
SP of 1 cosmetic = 80/2 = Rs 40
Profit = SP-CP
= Rs 40 - Rs 30
= Rs 10
Profit percentage is given by :
So, the profit percentage is 33.34%.
Answer:
85.56% probability that less than 6 of them have a high school diploma
Step-by-step explanation:
For each adult, there are only two possible outcomes. Either they have a high school diploma, or they do not. The probability of an adult having a high school diploma is independent of other adults. So we use the binomial probability distribution to solve this question.
Binomial probability distribution
The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.
In which is the number of different combinations of x objects from a set of n elements, given by the following formula.
And p is the probability of X happening.
50% of adult workers have a high school diploma.
This means that
If a random sample of 8 adult workers is selected, what is the probability that less than 6 of them have a high school diploma
This is P(X < 6) when n = 8.
In which
85.56% probability that less than 6 of them have a high school diploma