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3 years ago

14

The Mp of coke is 20%more than its purchased price.if the coke was sold after 15%duscount,there will be gain of rs.40,find the M

.p and Cp

1 answer:

Goshia [24]3 years ago

4 0

Answer:

let cp be x

mp= x+ (20% 0f x)= 1.2x

sp = mp -d%of mp= 1.2- 15% *1.2 =1.02x

profit = 40

sp-cp =40

1.02x-x=40

x=2000

cp =2000

mp= 1.2*2000=2400

Step-by-step explanation:

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Step-by-step explanation:

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3 years ago

MaRussiya [10]

Answer:

1. The expected pay-out on each policy is 250 * 1/90 + 12000 * 1/100 + 17000 * 1/400 = $165. So that's what the premium would have to be in order to get a profit of 0.

2. The profit per policy is the premium the company receives minus the expected payout = 350 - 165 = $185.

3. The expected profit on 375 policies would be 375 * 185 = $69375

Step-by-step explanation:

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3 years ago