Answer:
0.336
Step-by-step explanation:
Use binomial probability:
P = nCr p^r q^(n-r)
where n is the number of trials,
r is the number of successes,
p is the probability of success,
and q is the probability of failure (1-p).
Here, n = 8, r = 7, p = 0.8, and q = 0.2.
P = ₈C₇ (0.8)⁷ (0.2)⁸⁻⁷
P = 0.336
Answer:
The store marks up the fountain by adding $ 36.58 to its original cost, bringing its retail price to $ 402.42.
Step-by-step explanation:
Given that a store pays $ 365.84 for a fountain, and then the store marks up the price by 10%, to determine the amount of the mark-up the following calculation must be performed:
365.84 x 10/100 = X
3,658.4 / 100 = X
36,584 = X
36.584 + 365.84 = 402.424
Thus, the store marks up the fountain by adding $ 36.58 to its original cost, bringing its retail price to $ 402.42.
Answer: x = 6 y = 5
Step-by-step explanation: coz I juss know
Roland’s Boat Tours will make more money if they sell more economy seats, hence the maximum profit is attained if they only sell the minimum deluxe seat which is 6
6*35+ 24*40 = 210+960= $1170
<em />
Given details
To make a complete tour, at least 1 economy seats
and 6 deluxe seats
Maximum passengers per tour = 30
<em />
<em>"Boat Tours makes $40 profit for each </em><em>economy</em><em> seat sold and $35 profit for each deluxe seat sold"</em>
<em> </em>Therefore, to maximise profit, he needs to take more of economy seats
Hence
Let a deluxe seat be x and economy seat be y
Maximise
6 x+ 24y = 30
The maximum profit from one tour is = 6*35+ 24*40 = 210+960= $1170
Learn more
brainly.com/question/25828237
<em />
