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horsena [70]
3 years ago
11

Aster corporation accepted a $20,000, 9 percent 120-day note dated august 25 from lee company in settlement of a past bill. On O

ctober 25, Aster Corporation decided to discount the note at a discount of 8 percent. The proceeds to Aster Corporation are (blank)
Mathematics
1 answer:
serious [3.7K]3 years ago
6 0

Answer:

$20, 533.33

Step-by-step explanation:

From the question, we are given the following values

Principal = $20000

Rate = 8% = 0.08

Time( in years) = 120days = 4 months = 4/12 years = 1/3 years

Interest = Principal × Rate × Time

Interest = 20,000 × 0.08× (1/4)

Interest = $533.33

Hence, the proceeds to Aster Corporation are

$20000 + $533.33

= $20,533.33

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vagabundo [1.1K]

Answer:

Cost Price = Rs 10000

Step-by-step explanation:

Assume:

Cost of the item = x

Item was sold at a loss of 20%:

Loss = 20% of x = 0.2x

Item sold = x - 0.2x = 0.8x

Item sold at a profit of 10%:

Profit = 10% of x = 0.1x

item sold = x + 0.1x = 1.1x

Solve:

Difference = 1.1x - 0.8x = 0.3x

0.3x = Rs 3000

x = Rs 3000 ÷ 0.3

x = Rs 10000

3 0
3 years ago
Janet has 3 sweatshirts, 5 t-shirts, and 2 pairs of pants that can be worn together. If each outfit has a sweatshirt, t-shirt, a
RideAnS [48]

Answer:

30 outfits

Step-by-step explanation:

First, come up with all the possibilties for one of the sweatshirts. So...

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S12

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Count up all of those and then multiply it by three

10 * 3 = 30

Have a wonderful day!

4 0
3 years ago
The Cost of 625 bolts is $100.What is the coast of 10 bolts?
lys-0071 [83]
$1.60.
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Henrietta is mixing paint for an art project. She uses 2 cups of red paint for every 3 cups of yellow paint for each batch. If s
bezimeni [28]
2/3=6/x
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Answer:

Step-by-step explanation:

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