1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maxonik [38]
4 years ago
9

Margo purchases bulk teas from a warehouse and marks up those prices by 40% for retail sale. When teas go unsold for more than t

wo months, Margo marks down the retail price by 40%. She says that she is breaking Even that is, she is getting the same price for the tea that she paid for it. Is she correct? Complete the explanation.
Mathematics
1 answer:
FinnZ [79.3K]4 years ago
3 0

Answer:

Margo is incorrect.She is selling tea in loss.

Step-by-step explanation:

Let the cost price of teas when purchased from the warehouse = $ x

Then Margo marks retail price of teas a = x + 0.40 x

                                       a = x (1 +0.40)

                                       a = 1.4 x

After 2 months she marks down the retail price by 40% then retail price becomes b = 1.4 x - 40% of 1.4 x

               b = 1.4 x - 0.4 x 1.4 x

               b = 1.4 x - 0.56 x

               b = 0.84 x

Difference between cost price and selling price b is = x - .84 x

                                                                                      = 0.16 x

which shows now Margo is selling under the cost price so Margo is incorrect.

     

You might be interested in
How was the United States doing in the years
Musya8 [376]

Answer:

up down down down

Step-by-step explanation:

due to the governments high spending the employment was down because the gov. couldn't afford to pay its workers, so many were laid off and also due to the spending wages were low, and the economy was down because of the little amount of buisness.

3 0
4 years ago
Read 2 more answers
The area of a rectangle is 40 meters. One of the sides is 10 meters. What are the measurements, in meters, of the
masya89 [10]

Answer:

C

Step-by-step explanation:

3 0
3 years ago
Which shows the expression below in simplified form? (2.2 × 1012) + (1.7 × 109)
AleksAgata [21]
<span>(2.2 × 1012) + (1.7 × 109) = 2411.7</span>
7 0
3 years ago
Read 2 more answers
4x+5y-5z=196 -11x-7y+12z=-211 -8x-9y-z=-236 Solve for x y z
FrozenT [24]
Have you learned matrices yet? I'm going to use that to solve these, please refer to the photos.

I solved the system by using a matrix calculation. The work always needs to be shown and you do that by setting up the matrix like in the first photo and also writing out all your equations. In a TI calculator, to do this you press 2ND-X^-1,GO TO EDIT - [A] - 3×4- now enter the coefficient of the system of equations variables. NOW 2ND MODE- 2ND-X^-1 -GO TO MATH- ALPHA APPS

Now, if you don't know this you may be confuse so after rref([A]) was enter a matrix came up with [1 0 0 -21] in the top row this means x equal -21. So, the next row is y and it came out as [0 1 0 46] so y equals 46 and I'm going to let you figure out what z is by looking at the matrix.

SO... X=-21 Y=46 and Z=-10

Let's Test it

4x + 5y - 5z = 196 \\ 4( - 21) + 5(46) - 5( - 10) = 196 \\  - 84 + 230 + 50 = 196 \\ 196 = 196



3 0
3 years ago
Read 2 more answers
I WILL MARK YOU AS BRAINLIEST IF YOU ARE CORRECT. Look at the image below.
Masteriza [31]

Answer:

x=8.06

Step-by-step explanation:

find you half base and use PYTHAGORAS THEOREM to find the opposite side (x)

6 0
3 years ago
Other questions:
  • If A college student purchased a used car for $4000. He paid 8% down and then paid 18 monthly payments of $216.79. Determine the
    13·1 answer
  • 20 POINTS AND BRAINIEST ANSWER! PLEASE HELP!!!
    7·1 answer
  • Lester's car can go 15.4 miles on 1 gallon of gas. How far can he go on 0.7 gallon?
    5·2 answers
  • According to a Pew Research Center, in May 2011, 35% of all American adults had a smart phone (one which the user can use to rea
    10·1 answer
  • 4r + 9r- 11r +7r<br>Simfly the expressions by combing like terms??
    15·2 answers
  • Can someone help me plz?
    13·1 answer
  • Asap help please ill mark brainlist
    15·2 answers
  • Suppose Elroy wants to get a loan for $ 7 , 000 at an interest rate of 6 % for 2 years to be paid back in 24 monthly installment
    9·1 answer
  • Are any two line segments always similar or not always similar ​
    15·2 answers
  • Convert 3/50 to a decimal
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!