All categories

3 years ago

The manager of a store orders model railroad sets that cost $390 and sells them for $429. What is the mark-up, as a percentage?

Mathematics

1 answer:

Katarina [22]3 years ago

4 0

Answer:

10%

Step-by-step explanation:

We have been given that the manager of a store orders model railroad sets that cost $390 and sells them for $429.

We will use markup % formula for our given problem.

$\text{Markup percentage}=\frac{\text{Selling price- Cost}}{\text{Cost}}\times 100$

$\text{Markup percentage}=\frac{429-390}{390}\times 100$

$\text{Markup percentage}=\frac{39}{390}\times 100$

$\text{Markup percentage}=\frac{1}{10}\times 100$

$\text{Markup percentage}=10$

Therefore, markup is 10% of cost.

You might be interested in

The thickness of a plastic film (in mils) on a substrate material is thought to be influenced by the temperature at which the co

statuscvo [17]

Answer:

Step-by-step explanation:

Hello!

The objective is to test if rising the process temperature reduces the thickness of the plastic film that coats a substrate material To do so, two samples of substrates are coated at different temperatures:

Sample 1

X₁: Thickness of the plastic film after the substrate is coated at 125F

n₁=11

X[bar]₁= 101.28

S₁= 5.08

Sample 2

X₂: Thickness of the plastic film after the substrate is coated at 150F

n₂= 13

X[bar]₂= 101.70

S₂= 20.15

Does the data support this claim? Use the P-value approach and assume that the two population standard deviations are not equal.

Now if the higher the heat, the thinner the thickness of the plastic coating, then the average thickness of the coating done at 150F should be less than the average thickness of the coating done at 125F, symbolically: μ₂ < μ₁

Then the hypotheses are:

H₀: μ₂ ≥ μ₁

H₁: μ₂ < μ₁

α:0.05 (there is no α level stated so I've chosen the most common one)

Assuming that both variables have a normal distribution since the population standard deviations are not equal, the statistic to use is the Welch's t-test:

$t= \frac{(X[bar]_2-X[bar]_1)-(Mu_1-Mu_2)}{\sqrt{\frac{S^2_1}{n_1} +\frac{S^2_2}{n_2} } } ~~t_w$

$t_{H_0}= \frac{(101.7-101.28)-0}{\sqrt{\frac{(20.15)^2}{13} +\frac{(5.08)^2}{11} } } = 0.072$

This test is one-tailed to the left, meaning that you'll reject the null hypothesis at small values of t. The p-value is also one-tailed and has the same direction as the test. To calculate it you have to first calculate the degrees of freedom of the Welch's t:

$Df_w= \frac{(\frac{S^2_1}{n_1} +\frac{S^2_2}{n_2} )^2}{\frac{(\frac{S^2_1}{n_1})^2 }{n_1-1}+\frac{(\frac{S^2_2}{n_2} )^2}{n_2-1} }$

$Df_w= \frac{(\frac{5.08^2}{11} +\frac{20.15^2}{13} )^2}{\frac{(\frac{5.08^2}{11})^2 }{10} +\frac{(\frac{20.15^2}{13} )^2}{12} } = 13.78$

The distribution is a Student's t with 13 degrees of freedom, then you can calculate the p-value as:

P(t₁₃≤0.072)= 0.4718

Using the p-value approach, the decision rule is:

If the p-value ≤ α, the decision is to reject the null hypothesis.

If the p-value > α, the decision is to not reject the null hypothesis.

The p-value is greater than the significance level, so the decision is to nor reject the null hypothesis.

Using a significance level of 5%, there is no significant evidence to support the claim that the average thickness pf the plastic coat processed at 150F is less than the average thickness pf the plastic coat processed at 125F.

I hope you have a SUPER day!

4 0

3 years ago

Solve x2 - 8x - 9 = 0. Rewrite the equation so that it is of the form x2 + bx = c.

barxatty [35]

Answer:

x=9,-1 and $x^2+(-8)x=9$

Explanation:

we have been given with the quadratic equation $x^2-8x-9$

we compare the given quadratic equation with general quadratic equation

general quadratic is $ax^2+bx+c=0$

from given quadratic equation a=1,b= -8,c= -9

substituting these values in the formula for discriminant $D=b^{2}-4ac$

$D=(-8)^2-4(1)(-9)=100$

Now, to find the value of x

Formula is $x=\frac{-b\pm\sqrt{D}}{2a}$

Now, substituting the values we will get

$x=\frac{-(-8)\pm\sqrt{100}} {2}= \frac{8\pm10}{2}=9,-1$

And rewritting the given equation by shifting 9 to right hand side of the given equation and taking minus inside the bracket so as to convert it in the form of

$x^2+bx=c$

4 0

3 years ago

Read 2 more answers

At 9:00 pm bob leaves his home and starts walking to the bus stop at a constant speed of 9.3 feet per second. bob's house is 432

klio [65]

a. define variables for the quantities that are changing (be specific).
We define variables:
t = time in second
d = distance traveled
The variables that are changing are t and d.
As the time increases, the distance decreases.

b. what does it mean to say bob walks at a constant speed of 9.3 feet per second?
It means that for every second that passes, Bob walks 9.3 feet.

c. consider the formula d = 4320 - 9.3t i. what does t represent? ii. what does 9.3t represent? iii. what does d represent?
For this case we have:
t = represents the time in seconds
9.3t = represents the distance traveled by Bob
d = represents the distance Bob must travel to get to the bus stop.

5 0

3 years ago

Given: m∠p =47BD∥AC <br> What is the m∠m?<br><br> Put only the number. Do not label your answer.

Anettt [7]

Answer: $43\°$

Step-by-step explanation:

Observe the given figure.

You can identify that the measure of the angle "B" is:

$m\angle B=90\°$

Knowing this, you can conclude that the angle "p" and the angle "m" are Complementary angles, which means that the sum of their measures is 90 degrees. Then, you can write the following equation:

$m\angle p+m\angle m=90\°$ [Equation 1]