Answer and explanation:
Profit from sale of model boats = Sales -costs(costs of goods purchases + expenses or charges by the local fair)
John's profit from the sale of model boats can be represented by the equation:
P= 50x-(5x+80)
Where P is profit from the sale of the model boats and x is number of model boats bought and sold. The 80 is constant as it is a fixed cost paid to the local fair.
For example if John buys and sells 20 model boats, he would make profit of:
Substitute x=20 in equation above
P= 50×20-(5×20+80)
P=1000-180
P=$820
It could be said that John is in a very profitable business and his profit is also dependent on volume of sales because the lower his sales the closer he gets to making a loss and not profit
The answer is 3
Multiply 6 by 3 to get the total amount of money for the books then minus the answer 18 which you get from 6 x 3 = 18
Then minus 18 from 21 to get $3
21 - 18 = 3
Answer:
23/50, 0.46, and 46%
Step-by-step explanation:
This problem is stating that every fifty times you flip a coin you get 23 heads. Finding the fraction is simple, it would be 23/50 because it is expressing the probability. The problem clearly states that every 50 times you get 23 heads. To find the decimal, take the fraction, 23/50, and multiply the numerator and denominator by 2. you get 46/100 which is 0.46. A percent is just a fraction out of a 100 which would make the percent 46.
