Answer: 1.2x
Step-by-step explanation:
Profit = Selling price - Cost
She bought the stock at a cost of x dollars
Her profit was 20% of that, which is 0.2x dollars
Selling price = Profit + Cost = x + 0.2x = 1.2x
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The precent of increase is 20%
Hi there! The answer is $15
Let the one-time fee be represented by X.
The total cost of hiring a boat for 2 hours is X + $5 per hour × 2 hours = X + $10
The total cost can also be expressed as $25.
Now we can set up an equation.
X + 10 = 25
Subtract 10.
X = 15
Therefore, the one-time fee to rent a boat is $15.
We can check this by plugging in the data for the rent of 3 hours.
$15 + $5 per hour × 3 hours =
$15 + $15 = $30, which is the correct answer.
In short:
The answer is $15
~ Hope this helps you!
