Answer:
Percentage profit = 11.3%
Step-by-step explanation:
<u>Given the following data;</u>
- Vat = 13% = 13/100 = 0.13
- Cost price = 10,000
- Selling price = Rs 12430
To calculate the profit percentage on the article;
First of all, we would determine the value-added (vat) tax levy;
Vat levy = 0.13 * 10000
Vat levy = Rs. 1300
Profit = selling price - cost price
Profit = 12430 - 10000
Profit = 2430
Profit after vat;
Profit after vat = Profit - Vat levy
Profit after vat = 2430 - 1300
Profit after vat = 1130
Next, we would calculate the profit percentage on the article;
Substituting the values into the formula, we have;
<em>Percentage profit = 11.3%</em>
Answer:
1, 4 and 5
Step-by-step explanation:
Answer:
192
Step-by-step explanation:
look for the app photomath shows u the steps
Answer:
Step-by-step explanation:
y = total cost and x = number of tons
y = 125x + 7500
the total cost for transporting 15 tons...sub in 15 for x
y = 125(15) + 7500
y = 1875 + 7500
y = $ 9375 <===== total cost
Answer:
(a) the probability of these events occurring if the DOT's claim is true is given by;
probability=number of required outcome/number of possible outcome.
therefore the probability is given as .
(b) No the probability computed can be consistent with the DOT's claim that the selection was random because since it is a random probability they all have equal chances of being selected.
Step-by-step explanation:
number of required outcome: this is the number that is being targeted or selected.
number of possible outcome: this is the total number of outcome that is possible from the given sample or population.