The answer goes up by 12 each time
Answer:
The markup rate on each box=41%
Step-by-step explanation:
The markup rate is the additional price that a good is sold at expressed as a percentage. This can be expressed as;
R={(S-C)/C}×100
where;
R=markup rate
S=selling price
C=cost
In our case;
R=unknown
S=$20.50
C=$14.50
replacing;
R={(20.5-14.5)/14.5}×100
R=(6/14.5)×100
R=41.38% rounded off=41%
The markup rate on each box=41%
Answer:
The radius of the inner circle is 14 ft. Since the outer circle is 3 ft more than the inner circle, its radius is 17 ft. The circumference formula is 2(pi)radius (or 2(22/7)17 in this case). The circumference of the outer circle is 106.85 ft (or 106.9 if rounding). To find the difference, you would subtract the smallest FROM the greatest:
106.85 - 88 = 18.85 ft (or 18.9 if rounding)
