a loan of $940 was repaid at the end of 12 months with a check of $960 What annual rate of interest was changed
1 answer:
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Solution:
We are given that
Ballpoint pens cost $1.50 a dozen for the first 200 dozen a store buys from a wholesaler.
$1.25 a dozen for those bought in addition to the first 200 dozen.
we have been asked to find
If the store buys 250 dozen pens from the wholesaler, then what is the average cost of ballpoint pens per dozen.
Cost of first 200 dozens of pens
Cost of 50 dozens of pens
Total cost of 250 dozens of pens
Average cost per dozen
Answer:
Answer is below
Step-by-step explanation:
Simplify both sides of the equation.
DIstribute
CLT
Add 12 to both sides.
Divide both sides by 6.