Answer:
10.5 %
<u>Skills needed: Financial Math Essentials</u>
Step-by-step explanation:
1) First, before getting started, let's assume the price of the product is 
. This variable will be used a lot throughout the problem ().
2) Marking a price above means increasing the price in order to make money off of the purchased product. When raising something by 
percent, the new price would be 
.
---> In this case, the price increased by 
percent.
This means that it would be: 
New price is: 
3) The shopkeeper is then offering a 
percent discount off of this marked price. When offering a 
percent discount price, the new price (with discount), expressed algebraically is: 
---> the expression above simplifies to 
In this case, 
, 
---> 
This means that , with discount, has been raised 
.
10.5 % is the profit percent
(The profit percent being the final marked up price - purchased price)
Question (1):
Price last week = $6.00
Price this week = $7.20
Increased = $7.20 - $6.00 = $1.20
Answer : Percentage increased = $1.20/$6.00 x 100 = 20%
Question (2):
Original Price = $90
Marked down = 35% of $90 = 0.35 x 90 = $31.50
Price after marked down = $90 - $31.50 = $58.50
Answer: Lilly will pay $58.50 for the football cleats.
Answer:
Simple interest is one of the most basic ways to calculate how much financing will cost you or how much you can earn on an investment. Check out our simple interest calculator to find out what you will pay or earn over time.
Step-by-step explanation: sorry lol
2400 divided by 10 is 240 and 240 x 3 = 720 so your answer would be 720 calories per day
Answer:
A. is the answer hop was this helps I did that problem
