Answer:
The minimum number of miles you would need to drive in a month to make the first deal a better deal is 66.6 miles.
Step-by-step explanation:
For the first deal to be a better deal it has to cost less than the second plan and you can write an equation in which the first plan has a lower cost than the second one:
10+0.60m<0.75m, where:
m is the number of miles driven
Now, you can solve for m:
10<0.75m-0.60m
10<0.15m
10/0.15<m
m>66.6
According to this, the answer is that the minimum number of miles you would need to drive in a month to make the first deal a better deal is 66.6 miles.
Answer:
so the first one unselect
the second one check it
the third one unselect
the fourth one check it
the fifth one check it
Data:
x (Number of movies) = ?
Answer:
<span>Herbert have in all ?
30 movies</span>
Of course you need to know what "gross margin percentage" means.
Roughly speaking it is the profit as a percentage of sale price.
When a unit costs $1.00 and is sold at $2.50 the excess revenue is $1.50
Although we could express this profit margin as a FRACTION of the sale price,
(so this would be 1.50/2.5 = 3/5), it is usual to state this as a PERCENTAGE.
The gross margin percentage in the original case would be 100 * 3/5 = 60%
Let cost price be c, sale price be s.
Gross margin percentage g = 100* (s - c)/s
Solving this for sale price s
s = c/[1 - (g/100)]
When unit cost increases $0.25 we have c = 1.25
so s = 1.25[1 - 0.6] = 1.25/0.4 = 3.1
Action needed to maintain the gross margin percentage
is to increase selling price to $3.10
6x + 5x + (x + 16) + (3x - 1) = 360
11x + x + 16 + 3x - 1
15x + 15 = 360
15x = 345
x = 23
6(23) = 138
((23) + 16) = 39
(3(23) - 1) =68
5(23) = 115
138 + 39 + 68 + 115 = 360
