3 friends share the cost of a gift. The gift costs $70, but the store manager takes $10 off the market price. What amount should
1 answer:
Answer:
Amount each friend pays for the gift = $20
Step-by-step explanation:
Market price of a gift = $70
The store manager takes $10 off the market price.
Marked down amount = $10
New cost price = Marked price - Marked down amount
The cost of the gift is divided among three friends.
This means that the cost of gift which is $60 is divided by three to get each one's contribution in the gift.
∴ Amount each friend pays for the gift
You might be interested in
Answer:
\mu = 14.5\\
\sigma = 5.071\\
k = 1.084
Step-by-step explanation:
given that a statistician uses Chebyshev's Theorem to estimate that at least 15 % of a population lies between the values 9 and 20.
i.e. his findings with respect to probability are
Recall Chebyshev's inequality that
Comparing with the Ii equation which is appropriate here we find that
Next what we find is
Thus from the given information we find that