Answer:
10.5 %
<u>Skills needed: Financial Math Essentials</u>
Step-by-step explanation:
1) First, before getting started, let's assume the price of the product is 
. This variable will be used a lot throughout the problem ().
2) Marking a price above means increasing the price in order to make money off of the purchased product. When raising something by 
percent, the new price would be 
.
---> In this case, the price increased by 
percent.
This means that it would be: 
New price is: 
3) The shopkeeper is then offering a 
percent discount off of this marked price. When offering a 
percent discount price, the new price (with discount), expressed algebraically is: 
---> the expression above simplifies to 
In this case, 
, 
---> 
This means that , with discount, has been raised 
.
10.5 % is the profit percent
(The profit percent being the final marked up price - purchased price)
Answer:
B) 5.5
Step-by-step explanation:
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Answer: x = - 3.5
Step-by-step explanation:
Rewrite the equation by completing the square.
4x2 + 28x + 49 = 0
Completing the square method :
Divide through by the Coefficient of x^2
x^2 + 7x + (49/4) = 0
a = 1, b = 7, c = 49/4
Move c to the right side of the equation
x^2 + 7x = - 49/4
Complete the square on the left hand side by squaring its half of the x term
(7/2)^2 = (49/4)
Add the output to both sides of the equation
x^2 + 7x + (49/4) = - (49/4) + (49/4)
(x + 7/2)^2 = 0
Square root of both sides
x + 7/2 = 0
x = - 7/2
x = - 3.5
