Answer:
5.66 years
Step-by-step explanation:
450 x 1.025^(n) = 450 + 67.50
450 x 1.025^(n) = 517.50
1.025^(n) =(517.50 / 450)
1.025^(n) = 1.15
n = ln(1.15) / ln(1.025)
n = 5.66
Based on the amount of oranges bought, those sold at a profit and those sold at a loss, the overall profit is 14.2%
<h3>What is the overall profit?</h3>
Assume that the buying price was $1 each.
The amount earned from 60% of them is:
= 60% x 100,000 x 1
= $60,000
The profit from selling 50% of the remaining is:
= (50% x 40,000) x 1.60
= $32,000
The loss from selling the other 50%:
= (50% x 40,000) x 0.90
= $22,222.22
Total selling price:
= 60,000 + 32,000 + 22,222.22
= $114,222.22
Total profit:
= (114,222.22 - 100,000) / 100,000
= 14.2%
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Assume Josh made X cupcakes; Alice made Y cupcakes; Tom made Z cupcakes.
Josh made 10 more cakes than Alice so,
X = Y + 10 ---- 1st Eqn.
Alice made 8 more than Tom so,
Y= Z+8 --- 2nd Eqn.
Total cakes = 62 so,
X+Y+Z = 62 ---- 3rd Eqn.
by solving three equations we get X= 30; Y= 20; Z=12.
So Tom made 12 cupcakes
Hi. The slope of the line is undefined, because it's vertical.
