3 years ago

keelah's clothing store buys coats for 50 and then sells them for 80. What is the percent of markup on the price on the coat

Mathematics

1 answer:

TiliK225 [7]3 years ago

3 0

52.5% markup from what I could tell.

(this may be wrong, not sure)

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Licemer1 [7]

Answer:

The carnival is losing (on average) $0.15 on each play

Step-by-step explanation:

To find out how much the carnival wins or looses in each play one subtract the expected value (EV) from each play from the amount charged by the carnival for each play ($0.55). If the expected value is higher than what the carnival charges, the carnival is losing money.

Expected is the sum of the payouts of each bet multiplied by its likelihood:

$EV= \frac{64*0.40+25*1.15+1*9.00}{90}\\EV= 0.70$

Since the expected value is higher than $0.55, the carnival is losing money, on average, on each play:

$0.55-0.7 = -0.15$

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3 years ago

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Mkey [24]

Answer is 1 1/12
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9/12+3/12+2/12= 1 1/12 hope this helps

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As x approaches -inf f(x) -> -inf
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