If Gap sells jeans that cost $21.00 for selling price of $29.95. The percent of markup based on cost is approximately 43%. The markup in price is exactly $8.95.
100 = number of sets of clubs manufactured per month
S = sell-price for a set of clubs
Expenses per month = 23,250 + 145(100) = 37,750
Revenue per month = 100 S
Break-even when Expenses = Revenue
<u>100 S = 37,750</u>
One question: How did you solve it without an equation ?
Although the information has been presented in a baffling way in this question, but I think I understood the expressions.
We have been given that price of monster truck is x dollars and there is an 13% monster truck tax.
We can express the monster truck tax amount as
.
Therefore, the total amount including tax will be
.
We can now match each statement with its equivalent expression as shown below
The price of Camacho’s new truck before tax = x
The amount of tax Camacho pays = 0.13x
Camacho’s total bill for the monster truck = 1.13x
None of these = 0.87x
Answer:
Step-by-step explanation:
Idk look it up