If markup is 60% of the cost, you have
... markup = 0.60×cost
... markup/0.60 = cost
... $207.20/0.60 = cost = $345.33
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If markup is 60% of the selling price, the other 40% is the cost. So, the cost is 40/60 = 2/3 of the markup.
... cost = (2/3)×markup = (2/3)×$207.20
... cost = $138.13
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Markup can be specified in terms of either selling price or cost. Those are the usual reference values; there could be others. When only the percentage is given, you don't have enough information to work the problem. You need to know what it is a percentage of. (Example problems in your text may tell you the expected interpretation.)
Seems like you already have the answer so peace
Answer:
1/12
Step-by-step explanation:
The probability of landing on tail = 1/2
The probability of rolling a 3 = 1/6
The probability of doing BOTH is 1/2 x 1/6 = 1/12
Answer: The answer is 27
Given:
- Mr. Roberts will drive 56 miles
- He has 29 more miles to go
We will:
Subtract the total distance he plants to travel by the amount he has left.
<em> Equation: </em>
Our answer is 27. Best of Luck!
I think the first one is correct. Since “three less than z squared” insinuate that the value is 3 units less than the value z^2