a hardware store paid $87.50 for a lawn mower and then sold it for $159.95 what was the gross profit
1 answer:
The gross profit is $72.45
The percentage profit is 82.8%
Step-by-step explanation:
The profit is the earning on selling a product or item in price more than its purchasing price.
Given
Purchase price of Lawn mower = $87.50
Sale price = $159.95
Profit = Sale Price - Purchase Price
=159.95-87.50
=72.45
The percentage profit is:
The gross profit is $72.45
The percentage profit is 82.8%
Keywords: Profit, Profit percentage
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Answer:
constant of variation = 3
Step-by-step explanation:
we know that b varies jointly with c and d
so:
b∝c∝d
and b varies inversely with e, so
b∝
and i will call the constant of variation k, this way we can make an equation for b in the following form:
this satisfy that b varies jointly with c and d (if b increases, c and d also increase) and inversely with e (if b increases, e decreases)
we know that when b is 18, c is 4, d is 9, and e is 6:
substituting this in our equation for b:
and we solve operations and clear for the constant of variation k:
the constant of variation is 3.