Answer: The markup on the T-shirts is $ 13.50.
Step-by-step explanation:
- Markup is the difference between the selling price of a product and cost price.
Given : The cost price of each t-shirt = $1.50
The selling price of each t-shirt = $15
Then ,the markup on the T-shirts = (Selling price of each t-shirt) -( Cost price of each t-shirt)
i.e. The markup on the T-shirts = $15- $1.50= $ 13.50
Hence, the markup on the T-shirts is $ 13.50.
Answer:
1) $38.40 2) $255. 3) $5.80 4) $3.12
Step-by-step explanation:
So you have to multiply the years by the amount of money you have. Then you multiply that by the percent and divide by 100. (For the last one: because its a month you have to make it a fraction so it was 8/12)
What we can say with a good deal of certainty is that our sample is biased towards the higher spectrum and that the real value of the mean for our population is lower than the obtained value of our sample. If this is true, we should expect for the standard deviation to be higher than in the population.