Hello! To solve this problem, we can write and solve an equation. Set it up like this:
6 + 3m = 24
This is because 6 is the one-time fixed price and you pay $3 per mile. Subtract 6 from both sides in order to get 3m = 18. Now, divide each side by 3 to isolate the “m”. 18/3 is 6. There. m = 6. Mike traveled 6 miles by taxi.
Step-by-step explanation:
[1/2]^-2= 4
[1/3]^-2=9
[1/4]^-2=16
So sum is 4+9+16=29
Hope this helps you.
Answer:
cost price=$150,000
selling price =$154,000
profit= $154,000-$150,000=$4,000
Therfore Percentage Profit= 4,000÷15,000×100=2.7%
Percentage Profit =2.7%
Simplify by dividing the two by 14