3 years ago

World Toy buys bicycles for $40 and sells them for $95. What is the percent mark-up in the price?

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1 answer:

Arisa [49]3 years ago

4 0

Answer:

57%

Step-by-step explanation:

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vladimir1956 [14]

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Inequality: 0.08x + 2300 ≥ 2800

Liz needs to sell products of $6250 at least.

Step-by-step explanation:

Given that:

Per month salary of Liz = $2300

Commission = 8% = $\frac{8}{100}}$ = 0.08

Amount Liz wants to earn = $2800

Let,

x be the amount of sales.

0.08x + 2300 ≥ 2800

0.08x ≥ 2800 - 2300

0.08x ≥ 500

Dividing both sides by 0.08

$\frac{0.08x}{0.08}\geq \frac{500}{0.08}\\x\geq 6250$

Hence,

Liz needs to sell products of $6250 at least.

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