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lora16 [44]
3 years ago
10

A store makes a profit of $15 on a wallet, after a mark up of 60%, what is the selling price of the wallet ?

Mathematics
1 answer:
Radda [10]3 years ago
3 0
1.5 multiplied by 6 equals 9
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Jamie deposits $1,600 into two different savings accounts. Account I is compounded annually at an interest rate of 2.75%. Accoun
GrogVix [38]

Answer:

Step-by-step explanation:

Considering account I, we would apply the formula for determining compound interest which is expressed as

A = P(1 + r/n)^nt

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

P = $1600

r = 2.75% = 2.75/100 = 0.0275

n = 1 because it was compounded once in a year.

t = 2 years

Therefore,

A = 1600(1 + 0.0275/12)^1 × 2

A = 1600(1.0275)^2

A = $1689.21

Considering account II, we would apply the formula for determining simple interest which is expressed as

I = PRT/100

Where

I represents interest paid on the investment.

P represents the principal or amount invested

R represents interest rate

T represents the duration of the investment in years.

From the information given,

P = 1600

R = 3.5

T = 2 years

I = (1600 × 3.5 × 2)/100 = $112

Total balance after 2 years is

112 + 1600 = $1712

the difference between the two accounts after 2 years is

1712 - 1689.21 = $22.79

4 0
3 years ago
Read 2 more answers
15 3/8+756-<br> What is the answer
evablogger [386]

Answer: 771 3/8

Step-by-step explanation:

15 3/8+756

we can apply the assosiative propery and do 15+756+3/8

so 15+756= 771

so finally you do 771+3/8=771 3/8

8 0
3 years ago
Last question pls help me
aalyn [17]

Answer:

Step-by-step explanation:

684 dollars

6 0
3 years ago
An elevator has weight limit of 1 ton. There are 3 people inside the elevator. Each person weighs 150 pounds. How many pounds ca
drek231 [11]

Answer:

2000 Pounds

Step-by-step explanation:

There are 2000 pounds in a US ton.

There are 2240 pounds in an Imperial ton.

There are 2204.62 pounds in a metric ton.

7 0
3 years ago
How many 3/4s are in 6
Pepsi [2]
Hey there!
Let's first find an easier situation.
If we're saying:
How many fives are in ten?
We're doing 10 divided by 5, because we're seeing how many 5's go into 10.
It's no different here.
We will be doing 6 divided by 3/4, just as we did with our simpler situation.
Using our "keep, switch, flip" rule (keep first term, change to multiplication, take reciprocal of second term)
we get:
6 divided by 3/4
=
6 * 4/3
= 24/3
= 8 3/4's in 6.

Hope this helps!
7 0
3 years ago
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