Given:
Cost of fish dinner = $10.95
selling price of fish dinner = $13.95.
To find:
The percent markup.
Solution:
We know that,
Using this formula, we get
Round to the one decimal place.
Therefore, the markup is 27.4%.
Problem 1 is asking "the other cost."
It is described in the problem statement as "a cost for every one-tenth of a mile traveled." It is described in the table header as "Mileage Cost in Dollars."
The only value in the "Mileage Cost in Dollars" column is 1, which corresponds to a distance of 1/10 mile. So, it appears the numerical value of "the other cost" is $1 for each tenth-mile traveled.
___
The problem statement does not make clear whether the desired answer is the description of the other cost, or its numerical value.
1 ) 116/17 = 7.1875 which is 5.1875 from 2, 17/8 is 2.125 which is 0.125 from 2 and 63/32 is 1.968 which is 0.032 from 2. 63/32 is the closest to 2.
