Answer:
the answer in words is eighteen thousand five hundred and eighty two Rand and seven cents
The probability of the first item being good is 11/15.
Since we have taken 1 item out the remaining total is now 14, so the probability of getting a defective item is now 4/14.
Now you multiply the probabilities together to get (11/15)(2/7)=22/105
Answer:
Markup amount = sellingprice - costprice
=12.50 - 5 = 7.5 is markup
The answer is the first one:
bc its not growing by a (-)1/2 and the 3rd one just doesnt make sense