Answer:
Dori:3x+3y=11.25
Nemo:4x+2y=10
Step-by-step explanation:
Let x and y represent tacos and double Deckers respectively.
For three tacos and three double Deckers, Dori pays $11.25
Writing an equation the statement, we obtain
3x+3y=11.25
Also,for four tacos and two double Deckers, Nemo pays $10
This implies
4x+2y=10
The yield on the corporate bond of a face value of $1000 is 7.77%.
What is the percentage discount?
The percentage discount is the discount given on a product as compared to the given discount on 100 rupees.
Given, the face value of the bond is $1000.
Discounted price of the bond is $900.
Therefore, the fixed interest on the bond for that period will be
= $1000 × 7/100 = $70.
Now, the yield on that corporate bond = 70 × 100/900 % = 7.77% .
Hence, the yield on the corporate bond of a face value of $1000 is 7.77%.
Learn more about percentage discount here:
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5/48
3/16
0.5
0.75
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