Ralph is leasing a car worth $24,000 for three years. His leasing company says that the car Ralph is leasing will only be worth
2 answers:
Answer:
The answer is C. 33%
Step-by-step explanation:
The car was worth $24,000, being this the original value, after three years the car will be worth $16,000.
Therefore to know the percentage of the car’s original value will Ralph need to pay as part of his lease, we need to know the difference between the original value and the new value.
24,000-16,000= $8000.
And the percentage can be calculated dividing the difference by the original value of the car.
Therefore the percentage will be 33%
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A company is selling books. It has to pay $500 to start printing the books, and once they have done that, the books sell at $14.99 each. How many books must they sell to make a profit?
First we would model an equation. X will be the amount of books sold, and Y will be profits (in dollars obv). They had to pay $500 before they could start selling, so we must account for that too.
This equation would be
because for every book sold, X increases by 1, increasing Y by 14.99
The answer would be 34 books sold in order to turn a profit. (500/14.99=
First we would model an equation. X will be the amount of books sold, and Y will be profits (in dollars obv). They had to pay $500 before they could start selling, so we must account for that too.
This equation would be
The answer would be 34 books sold in order to turn a profit. (500/14.99=