If the interest rate at the bank for a savings account is 0.03%, how much money would you need to leave in the account for one y
1 answer:
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Answer:
$1.6
Step-by-step explanation:
The price of $2.32 already includes the 45% mark up hence taking the original cost to be x, it means the cost of $2.32 is 145% of the original cost
Using the concept of cross multiplication we say that if
1.45 is equivalent to $2.32
1 is equivalent to x
Therefore, the company incurs $1.6 for each plug