Final price=original price*(100%- discount 1)(100%-discount 2)
original price=$40
discount 1=25%⇒ 100 - discount 1=100%-25%=75%=75/100=0.75
discount 2=15%⇒ 100 - discount 2=100%-12%=85%=85/100=0.85
original price=$40(0.75)(0.85)=$25.5
Answer: $25.5
Answer: 
Step-by-step explanation:
The perpendicular slope of the line(m) = 
:
- m = -4 ⇒
The function formula is y = mx + b, where the y-intercept(b) is found by substituting in the values of a point on the line ⇒ (4, -6):
<u>So the perpendicular equation is </u><u>.</u>
Answer:
If the diagonal and the length of the perpendiculars from the vertices are given, then the area of the quadrilateral is calculated as:
Area of quadrilateral = (½) × diagonal length × sum of the length of the perpendiculars drawn from the remaining two vertices.
The inverse operation of addition is subtraction
From the information given, the shares are overpriced by 25%, therefore the shares stand at 125%
We need to find out the price value of 1% share.
125% = 300$
1% = x (where x is the value in dollars of 1% shares)
Simplify the above equation by cross multiplying , so:
125 × x = 300 ×1
125 x = 300
x = 300/125
x= 2.4 $
1% share price is 2.4 dollars. How about the true share price? The true share price is at 100%
100% share price value is 2.4 × 100 = 240
Therefore the true and fair price of the shares is $ 240
